$VELVET 's been bleeding but might be putting in a floor here. Watching for a potential double bottom — nothing confirmed yet. Needs to reclaim 0.2 first, then 0.26 to flip the near-term structure bullish.
Upside looks more probable than further downside at this level, but these things whip around hard. Size accordingly. If it can't hold support or fails at resistance, step aside. No edge in forcing it.
Upside looks more probable than further downside at this level, but these things whip around hard. Size accordingly. If it can't hold support or fails at resistance, step aside. No edge in forcing it.
