Could $VELVET really run back to $1.00–$1.50 like before? 👀
$VELVET has finally started waking up after spending weeks building a base around the $0.25–$0.55 zone.
Now price is around $0.67 with strong momentum.
The important part is what happens next.
If buyers continue pushing through the $0.70–$0.80 area, the chart could open the door toward $1.00.
And if $1.00 is reclaimed with strong volume, I wouldn’t ignore the possibility of a bigger move toward $1.20–$1.50.
But remember — VELVET has already shown how violently it can move in both directions. Chasing a green candle is not the strategy.
I’m watching the breakout structure and how buyers react on pullbacks.
$1.00 is no longer a crazy level to discuss — but $1.50 requires serious continuation.
What’s your thought on $VELVET — $1 first, or are you expecting an even bigger move? 👀
$VELVET has finally started waking up after spending weeks building a base around the $0.25–$0.55 zone.
Now price is around $0.67 with strong momentum.
The important part is what happens next.
If buyers continue pushing through the $0.70–$0.80 area, the chart could open the door toward $1.00.
And if $1.00 is reclaimed with strong volume, I wouldn’t ignore the possibility of a bigger move toward $1.20–$1.50.
But remember — VELVET has already shown how violently it can move in both directions. Chasing a green candle is not the strategy.
I’m watching the breakout structure and how buyers react on pullbacks.
$1.00 is no longer a crazy level to discuss — but $1.50 requires serious continuation.
What’s your thought on $VELVET — $1 first, or are you expecting an even bigger move? 👀