Check This Massive Move Out Family...!!
$VELVET has taken a brutal hit with incredibly strong bearish momentum driving prices down significantly after consolidation and a single vertical candle spiked to near 1.0000 but quickly reversed indicating a heavy rejection. The chart shows a devastating correction from that peak to a current 0.1214 level where it is currently trying to build some base but the structure remains very weak below crucial long term support at 0.1600 as buyers struggle to step back into control. A sustainable bottom isn’t formed yet so any potential bounce may face strong immediate resistance around the 0.1600 and then 0.2300 levels if momentum ever starts shifting again but further testing of the recent low at 0.1069 remains on the table.$UAI
$STAR
$VELVET has taken a brutal hit with incredibly strong bearish momentum driving prices down significantly after consolidation and a single vertical candle spiked to near 1.0000 but quickly reversed indicating a heavy rejection. The chart shows a devastating correction from that peak to a current 0.1214 level where it is currently trying to build some base but the structure remains very weak below crucial long term support at 0.1600 as buyers struggle to step back into control. A sustainable bottom isn’t formed yet so any potential bounce may face strong immediate resistance around the 0.1600 and then 0.2300 levels if momentum ever starts shifting again but further testing of the recent low at 0.1069 remains on the table.$UAI
$STAR
