$VELVET — NOT BACK YET
I didn’t expect $VELVET to dump this hard this fast.
The chart still looks like a falling knife right now.
Price is around $0.128, down heavily after the massive spike and rejection. The 1H structure remains bearish, with $0.1207 as the key support.
If $0.1207 breaks → $0.10 / $0.09 could come next.
If bulls reclaim $0.15–$0.16, a relief bounce toward $0.20+ becomes possible.
For now, I’m staying cautious. We’re not back yet.
$VELVET #crypto #Binance #trading #altcoins
I didn’t expect $VELVET to dump this hard this fast.
The chart still looks like a falling knife right now.
Price is around $0.128, down heavily after the massive spike and rejection. The 1H structure remains bearish, with $0.1207 as the key support.
If $0.1207 breaks → $0.10 / $0.09 could come next.
If bulls reclaim $0.15–$0.16, a relief bounce toward $0.20+ becomes possible.
For now, I’m staying cautious. We’re not back yet.
$VELVET #crypto #Binance #trading #altcoins
