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#VELO - REAL MOVE OR FAKE PUMP?
$VELO is moving, but confirmation is still missing.
Current price: ~$0.0049
Momentum is improving:
🟢 Above the 7W MA
🟢 Above the 30W MA
🟢 RSI > 50
🟢 MACD turning bullish
But the level that matters is:
👉$0.0061 WEEKLY CLOSE
✅ Close above $0.0061 → the move becomes structurally REAL.
❌ Rejection below it → possible fake pump + retracement.
Next major resistance: 200W MA around $0.0087
Don’t chase the green candle.
Pump ≠ Breakout.
Weekly Close = Confirmation.
Watch closely, #VELO holders. 🔥