Hidden Bullish Divergence Signals a Strong Recovery Ahead

• Hidden bullish divergence on VELO signals a potential strong recovery and breakout ahead.
• Key support levels between $0.043 and $0.05 could trigger a significant price bounce.
• Historical patterns suggest VELO could experience massive gains, similar to past 1,500% rallies.

Velo — VELO, has been on a prolonged downtrend, causing many traders to question what lies ahead for the token. Yet, recent price movements are hinting at something more promising. Hidden bullish divergence is taking shape on VELO’s chart, suggesting a potential recovery. While the market may seem quiet on the surface, this setup could signal a major shift.

VELO’s Price Action: Testing Key Support and Gaining Momentum

VELO recently tested critical support levels between $0.043 and $0.05, which have been key turning points in the past. These price zones have acted as major reversal areas before, and this time, they may do the same. The price action suggests a strong possibility of a bounce. If VELO holds above these support levels, traders could witness a shift in momentum.

The Wave Trend Oscillator is another strong indicator of change. It has recently emerged from oversold territory, which has historically signaled the start of major recoveries. Every time this oscillator has flashed this signal before, VELO experienced significant rallies. The pattern is showing up once again, hinting that something big may be on the horizon.

Another bullish signal is coming from the Relative Strength Index. A clear divergence has developed, indicating that selling pressure is losing strength. When sellers lose control, it’s usually followed by a sharp shift in market sentiment. The signs are lining up for a potential reversal, and buyers could soon take charge.

Will VELO See Another 1,500% Rally?

VELO might be on the verge of a massive rally if history repeats. In the past, the token surged by over 1,500% after a similar technical setup. While there are no guarantees in the market, price patterns tend to repeat themselves, and the current situation closely mirrors those past breakouts.

Resistance levels now sit between $0.06 and $0.07. Breaking through these price zones would be a significant achievement, likely triggering a surge of buying activity. If VELO pushes past this resistance, the token could quickly see dramatic price increases. One of the most compelling aspects of this setup is how momentum can shift quietly before a massive breakout.

Right now, the market is relatively calm, but VELO’s chart is sending strong signals that a shift may be imminent. A strong move off support could change everything, sparking renewed buying pressure. Key support levels are holding firm, momentum indicators are turning bullish, and historical patterns suggest potential for strong upside.