VELO/USDT Trend Analysis: From the Supply Side Perspective



VELO is moving exactly according to the chart rhythm. It surged from the demand zone to the high-level supply zone, with clean momentum during the upward process, but now the price is stuck at a high level. This area has been repeatedly rejected, indicating that institutions are quietly offloading rather than continuing to accumulate. In the short term, watch whether the price can stabilize above this supply zone—if it is pushed back again, the bearish trend will be confirmed.
VELO2.56%
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ProposalManiacvip
· 19h ago
The idea that institutions are dumping shares sounds plausible, but how do you rule out the possibility that it's just retail investors collectively cutting losses? Projects with inefficient governance often meet their end in this way.
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MoodFollowsPricevip
· 12-24 11:57
Institutions are really selling off, this wave looks a bit risky...
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GasGasGasBrovip
· 12-24 11:57
Institutions are playing this shipment quite skillfully. Just by looking at the number of rejections, you can tell it's not a good sign.
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SadMoneyMeowvip
· 12-24 11:55
Institutions are quietly offloading, so we have to quietly withdraw.
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MelonFieldvip
· 12-24 11:50
Is it still possible for someone to buy in when institutions are selling so obviously...
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0xLuckboxvip
· 12-24 11:48
The institutions' recent sell-off is quite aggressive. Continuous rejection is a signal. If it drops below again, there's really no hope.
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NotGonnaMakeItvip
· 12-24 11:40
Can you smell the sign of institutional selling? This wave of VELO is probably going to pull back.
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Blockchainiacvip
· 12-24 11:30
Institutions are really cunning; they appear to be accumulating on the surface but are actually distributing.
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