Velo's Final Resistance: Path Toward ATH (1145%, 4080% & 10890%)VELO has been rising continually since December 2022 and is set to move higher. There is one final resistance level to break before we see the production of a very strong bullish wave.
The final resistance is a level that rejected growth back in May 2024 and then in December and also last month. This is marked orange on the chart. This resistance range sits between $0.025 and $0.033. A very strong long-term resistance.
The fact that VELOUSDT has been growing steadily for years producing an ascending triangle is very promising.
This resistance is set to break in the coming weeks. Once it is taken out, conquered, a very strong advance will take place, something not seen before on this pair and this chart. It will be the biggest bull-market VELOUSDT will experience since it started trading on KuCoin.
From December's 2022 bottom to current price, this pair is up by a total of ~1,900%. While this is great, long-term growth, this is only the beginning, a long-term accumulation phase. When resistance breaks, there will be massive growth.
The third target on the chart is likely not the end of the bull-market. VELOUSDT can move much, much higher. Something even nearing 10,890%. A new All-Time High in 2025.
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