For motion of satellite V is velocity of projection  $V_0$  is orbital velocity and $V_e$   is escape velocity if $V_0<V<V_e$,  then satellite revolves in

V: The satellite's velocity, when it falls between $V_0$ and $V_e$, means the satellite has enough speed to remain in orbit (it's not falling back to the Earth) but not enough to completely escape from the celestial body's gravitational pull. In this situation, the satellite will remain in a stable orbit around the earth.

Then satellite revolves in elliptical orbit