VELVET SEES MASSIVE UPTREND WITH 67.64% GAIN IN 24 HOURS 🚀💸

The price of $VELVET is surging ahead, driven by a significant influx of capital entering the market, with the 24-hour trading volume reaching $148.19M, indicating a high level of interest in the coin 📈. This move has breached its mid-range resistance level, and is now testing its resistance zone at ~$0.88426, which is a critical level to watch for potential reversal or further upside 📊.

The $VELVET price action is extremely bullish, with a 24-hour high of $0.88870, and a low of $0.42100, suggesting a high level of momentum in the market 📊. The coin's rank on CoinGecko has also increased to #130, indicating growing interest and adoption 🚀.

Levels to monitor:
Watching support around $0.42310
Structure suggests resistance near $0.88426
Mid range area: $0.65485

DYOR
Follow for Updates
#VELVET #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare