Velar/Tether
Long
Updated

VELAR - A big potential Gem!

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Velar is a groundbreaking DeFi liquidity protocol that capitalizes on the robustness of Bitcoin through a Layer 2 agnostic approach, initially utilizing the Stacks blockchain and the Clarity smart contract language. As a leader in the Bitcoin DeFi space, Velar is designed to merge the foundational strength of Bitcoin with the dynamic capabilities of decentralized finance.

The technical part is quite amazing, this coin is building up a massive accumulation, where the price is creating a great contraction barrier around 0.09$ price level.
If the break out will happen, you should be ready for a massive upside rally.
Volume is still quite low for a break , but hey everything can happen in markets ;-)

Targets? we will update this opportunity ...

what do you think?
good trading!!
Trade closed manually
it seem that it is returning back to the trading range with higher volumes. Not a good sign! Wait ...

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