$VELVET has reached approximately $0.9850 after a +39.10% move, showing powerful short-term demand. The $1.00 psychological level is now the critical battlefield.
Support: $0.9300–$0.9500
Major Support: $0.8800
Resistance: $1.0000–$1.0300
Breakout Level: $1.0300
Entry Zone: $0.9400–$0.9700 after confirmation
Stop Loss: $0.8750
TP1: $1.0300
TP2: $1.1000
TP3: $1.1800
Next Target: $1.2500
A confirmed break above $1.03 could open the door toward $1.10 and higher. If $0.93 fails, momentum may cool rapidly. Manage leverage carefully after this strong rally.
$VELVET