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$VELVET has suffered a massive dump, losing key levels and currently consolidating near its all-time low at $0.0994.
RSI (6): Deeply oversold at 27.8.
Key Support: $0.0935 (critical floor).
Key Resistance: $0.1150 / $0.1450.
Expect high volatility. A relief bounce is possible, but trade with strict stop-losses! 📉⚡
#Binance #CryptoTrading #TechnicalAnalysis
$VELVET has suffered a massive dump, losing key levels and currently consolidating near its all-time low at $0.0994.
RSI (6): Deeply oversold at 27.8.
Key Support: $0.0935 (critical floor).
Key Resistance: $0.1150 / $0.1450.
Expect high volatility. A relief bounce is possible, but trade with strict stop-losses! 📉⚡
#Binance #CryptoTrading #TechnicalAnalysis
