🚨 $VELVET — CAN IT COME BACK? 👀📈

$VELVET has crashed from around $0.90 to $0.16, an ~82% correction.

So the big question is: Can VELVET recover?

🔥 I think a recovery is possible, but it needs confirmation.

If buyers step in around the current zone and volume starts increasing, VELVET could attempt a relief rally toward higher resistance levels.

📊 What I’m watching:
• Hold the $0.16 area
• Increasing buying volume
• Break and hold above nearby resistance
• Successful retest after the breakout

⚠️ A huge drop doesn’t guarantee a comeback. If $0.16 fails decisively, more downside is possible.

👀 My view: VELVET is worth watching for a reversal, but I’d wait for confirmation rather than blindly entering.

$VELVET #crypto #BİNANCE #ALTCOİNS #futures #CryptoTrading
Bullish
59%
Bearish
41%
17 Stimmen • Abstimmung beendet