Post
COINJAK
COINJAK
$VELO is trying to stabilize after reclaiming momentum from the 0.00374 local bottom. The sharp impulse toward 0.00426 confirmed buyers were willing to step back in aggressively once the downtrend weakened. Since then, price has cooled into the EMA region, which is becoming the key area to watch for continuation versus breakdown. What stands out is that the retracement remains relatively controlled compared to the strength of the previous expansion candle. If bulls manage to hold the current structure and reclaim 0.0040 with strength, VELO could quickly rotate back toward the higher liquidity zone near recent highs. For now the chart still leans constructive while price remains above the recovery base. #USCPIHits3.8% #TradeStocksOnOKX #CLARITYAct309Pages @OKX中文 @OKX Orbit

Disclaimer: OKX TR Orbit content is provided for informational purposes only. Learn more

Replies

No comments yet. Be the first to reply!