Volume Hits $144M as VELO Repeats Setup That Led to 14X Rally-Eyes on $0.012

VELO is forming a higher low with rising volume, echoing chart patterns that led to 14X and 13X gains in past bull cycles.

The $0.0120000 resistance level is tightening as RSI climbs, showing real momentum behind VELO’s latest accumulation phase.

Despite being 52% down YTD, VELO has surged over 10% this week, with volume spiking to $144M, pointing to a brewing breakout.

VELO is displaying the same technical behavior seen before its biggest runs in 2022, 2023, and 2024. With volume rising and structure compressing, the chart is now setting up for what could be another massive price leg.

Price Structure Aligns With Previous Multi-X Breakouts

VELO has returned to a familiar rhythm. The price has settled near $0.0115600 and is printing another higher low, almost identical to the early stages of its past surges. Back then, the rallies delivered 14X, 13X, and 4X moves, one beginning with similar RSI divergence and a rounded base between $0.0014 and $0.0016.

Source: (X)

This time, the signs are stacking up again. RSI has climbed from oversold territory with strength, while price action continues to rise off demand zones. The chart is clean. Support is holding firm, and pressure is building beneath the $0.0120000 ceiling. Many traders are watching this level now. The setup is tight, volume is active, and the range has narrowed just like before.

What makes this even more compelling is that VELO’s price behavior isn’t just random—it’s repeating. When a token moves with this level of structure, market watchers tend to lean in. Some are already calling it the start of something big, while others are waiting for that final push above the wedge top.

Volume Spikes and Supply Metrics Back the Move

VELO’s 24-hour trading volume just hit $144.91 million, which stands out. That’s not noise-it’s real participation. Despite being down 52.11% since January, VELO has gained 10.79% in the past week and continues to tick upward.

The current market cap of $98.13 million reflects steady recovery. With 7.39 billion VELO in circulation out of a max of 24 billion, the growth ceiling remains wide open. Price is still far below the all-time high of $2.066, but it's also miles above its $0.001029 bottom. For many long-term holders, this area feels like a home base.

VELO hasn’t confirmed the breakout yet, but the pattern is loud. The energy is here. If this structure follows the script, the move from this zone could reshape the rest of 2025.

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