VELVET Update 🚀
$VELVET is showing strong momentum, with the latest data pointing to another sharp move higher. Binance reports roughly +31% over 24h, while recent reports highlight heavy volume and derivatives activity.
🟢 Bias: Bullish, but highly volatile
🎯 Resistance: $0.62 → $0.70
🔥 Breakout above $0.70: could open $0.80+
🛡️ Support: $0.57 → $0.50
⚠️ Recent airdrop activity and rising leverage mean pullbacks can be aggressive.
Key level: Holding above $0.57 keeps the short-term bullish structure alive. A clean breakout above resistance could trigger another momentum leg. $VELVET
$VELVET is showing strong momentum, with the latest data pointing to another sharp move higher. Binance reports roughly +31% over 24h, while recent reports highlight heavy volume and derivatives activity.
🟢 Bias: Bullish, but highly volatile
🎯 Resistance: $0.62 → $0.70
🔥 Breakout above $0.70: could open $0.80+
🛡️ Support: $0.57 → $0.50
⚠️ Recent airdrop activity and rising leverage mean pullbacks can be aggressive.
Key level: Holding above $0.57 keeps the short-term bullish structure alive. A clean breakout above resistance could trigger another momentum leg. $VELVET