This is my personal view on $VELO at 0.006, keeping it real.

$VELO looks weak here. The bounce didn’t hold, and price keeps getting rejected on every push up. Momentum is fading fast, which tells me buyers aren’t in control.

The level that matters now is 0.0058–0.0057. If #VELO loses this zone, the chart opens up for a move toward 0.0053–0.0050.

For any bullish case, $VELO needs to reclaim 0.0063–0.0064 and hold above it. Until that happens, upside moves are likely traps.

My stance: SELL / avoid buying

This is weakness, not accumulation.