🔥 $VELVET Bouncing Back! Pushing Past $1.06 🚀
Bulls are defending the support well! $VELVET has reclaimed momentum and is climbing back up.
Latest 15m Stats:
• Price: $1.06179 (+52.95%) 📈
• Market Cap: $506.15M
• Dynamic Support: Sitting comfortably above MA(7) ($1.05261) and MA(25) ($1.03020).
Technical Angle:
After a brief consolidation around $1.05, buyers stepped in with strong green candles pushing price above the MA(7). A clean break above $1.069–$1.09 could set up another retest of the local peak at $1.122.
Is $VELVET ready for the next breakout leg, or are we ranging for a bit? What’s your price target? 💬👇
#VELVET #BinanceSquare #Crypto #Altcoins #TechnicalAnalysis @Binance Square Official
Bulls are defending the support well! $VELVET has reclaimed momentum and is climbing back up.
Latest 15m Stats:
• Price: $1.06179 (+52.95%) 📈
• Market Cap: $506.15M
• Dynamic Support: Sitting comfortably above MA(7) ($1.05261) and MA(25) ($1.03020).
Technical Angle:
After a brief consolidation around $1.05, buyers stepped in with strong green candles pushing price above the MA(7). A clean break above $1.069–$1.09 could set up another retest of the local peak at $1.122.
Is $VELVET ready for the next breakout leg, or are we ranging for a bit? What’s your price target? 💬👇
#VELVET #BinanceSquare #Crypto #Altcoins #TechnicalAnalysis @Binance Square Official