$VELO is Flashing Danger Signals 🚨

$VELO is looking incredibly fragile right now. That recent bounce? A failed attempt. Every rally is getting slammed, and momentum is vanishing – a clear sign sellers are dominating.

Watch for a critical breakdown between 0.0058 and 0.0057. If that level gives way, we could see a drop to 0.0053–0.0050. 📉

To even think about a bullish scenario, $VELO needs to decisively break and HOLD above 0.0063–0.0064. Until then, any upside is likely a trap. My call: steer clear of buying, or consider selling. This isn’t accumulation; it’s weakness.

#VELO #CryptoTrading #TechnicalAnalys #Altcoins 🐻

VELODROME

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