The 3-hour Heikin Ashi chart of VELA AI/USDT on Gate.io indicates a notable shift in market sentiment, suggesting the potential beginning of a bullish reversal. Following a prolonged downtrend and extended consolidation phase around the identified weak low at approximately $0.01064, the asset has experienced a significant breakout, with current price action pushing above $0.040 and registering a 5.57% gain in the most recent session.
This breakout is supported by a sharp spike in trading volume, signaling renewed market interest and possible accumulation by strategic investors. Momentum indicators at the bottom of the chart display a strong upward trajectory, reinforcing the bullish price movement and indicating continued strength in buyer momentum.
From a technical perspective, the decisive break above recent resistance zones, combined with increased volume and momentum confirmation, suggests a potential for further upside. If the asset maintains this trajectory, the next logical targets could be in the $0.06 to $0.08 range. Sustained buying pressure above these levels may validate a trend reversal and establish a new bullish structure.
Overall, VELA AI demonstrates promising signs of recovery, warranting close monitoring for further continuation.
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Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV
SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M
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Not for recommendations to BUY SELL any stocks, cryptos, FX or securities
Not for Financial Advise
DYOR
This breakout is supported by a sharp spike in trading volume, signaling renewed market interest and possible accumulation by strategic investors. Momentum indicators at the bottom of the chart display a strong upward trajectory, reinforcing the bullish price movement and indicating continued strength in buyer momentum.
From a technical perspective, the decisive break above recent resistance zones, combined with increased volume and momentum confirmation, suggests a potential for further upside. If the asset maintains this trajectory, the next logical targets could be in the $0.06 to $0.08 range. Sustained buying pressure above these levels may validate a trend reversal and establish a new bullish structure.
Overall, VELA AI demonstrates promising signs of recovery, warranting close monitoring for further continuation.
----
----
Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV
SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M-----
Not for recommendations to BUY SELL any stocks, cryptos, FX or securities
Not for Financial Advise
DYOR
Trade active
🔍 Key Technical ObservationsSupport Zone: Around $0.02072–$0.02500 (multiple EQLs and BOS confirmation)
Resistance Zones:
Short-term: $0.035–$0.038 (price paused here previously)
Mid-term target: $0.045–$0.055 (strong supply zone from previous highs)
Volume: Increasing on breakout, signaling trader interest and potential continuation.
Momentum Indicators: RSI/Stochastic Oscillator showing bullish crossover from oversold region.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.