Technical analysis by elfabiiani about Symbol VLX: Buy recommendation (3/27/2025)

🔥 VELAS IS READY TO IGNITE! 🔥This chart screams massive breakout incoming — and here's why you should be paying attention right now:📈 Falling Wedge Pattern Detected!One of the most bullish reversal patterns in crypto. Velas (VLX) is tightening its coil, and once that breakout hits, we're looking at a potential moonshot.🚀 Explosion Incoming – Targets as High as $0.024!That massive blue arrow isn’t just for show – it’s pointing to the next major resistance zone. If this breakout plays out (and all signs say YES), we're talking about +400% gains from current levels!🧠 Technical Indicators Support the PumpMACD is showing early signs of bullish divergence.RSI is climbing out of oversold territory.Stochastic is crossing up — the bottom may already be in.Money Flow Index is turning — smart money may already be accumulating.🗓️ Key Catalyst: March 20th Update by Alex AlexandrovWith the Velas 2.0 Subchain Devnet, ERC20 upgrades, EVML support, and more — the fundamentals are aligning with the technicals. This is textbook launchpad energy.⚡️ TL;DR: Velas is building momentum like a slingshot being pulled back. The tighter it winds, the harder it’s going to snap forward. Don’t miss this wave. Don’t blink. The move could be violent.🌕 VELAS TO THE MOON – ARE YOU READY? 🌕