VELO: upside potentialVelo3D, Inc.NASDAQ:VELOBelFed_AnalyticsWe are closely monitoring VELO during its Stage 1 consolidation, as price action is forming a promising setup for a potential breakout. Key support sits at 17–14.5. While price holds above this area, we are looking for further upside extension toward the 40–45/55 resistance zones. Chart: Medium‑term structure: