$VELVET ❓
Don’t chase VELVET here. The 1D chart is compressing around $0.47 after a brutal rejection from $2.17, while momentum is slowly recovering. Retail will either FOMO into every green candle or short the first dip. That’s amateur trading. If $0.50 breaks and holds, VELVET can expand higher; if $0.45 fails, expect another flush. 🔥
Don’t chase VELVET here. The 1D chart is compressing around $0.47 after a brutal rejection from $2.17, while momentum is slowly recovering. Retail will either FOMO into every green candle or short the first dip. That’s amateur trading. If $0.50 breaks and holds, VELVET can expand higher; if $0.45 fails, expect another flush. 🔥