$VELVET LONG
Saw VELVET moving past the 0.058 zone after that drop from 1.0 down to 0.045 and thought it was dead, didn’t you? Don’t rush to cut your loss—this could be a bottom accumulation phase to prepare for a technical rebound.
This one has been crushed terribly, wiping out more than 95% of its value. But look closely: price has formed a solid base at 0.04560 and is trying to hold on to the MA7 line (0.05791). This suggests selling pressure has run out (selling exhaustion).
Volume is extremely low, indicating no one wants to sell at this price level anymore. The market makers may be quietly accumulating shares for a high-risk “Dead Cat Bounce” move to retest the MA25 line (0.07085). This is a high-risk trade (catching the bottom), but if it succeeds, the Reward/Risk ratio is very good.
The short-term goal is to fill the price gap up into the 0.070–0.080 range. Don’t let a boring sideways phase lull you into false confidence—watch the support zone to enter the trade.
$BULLA
$LAB
Saw VELVET moving past the 0.058 zone after that drop from 1.0 down to 0.045 and thought it was dead, didn’t you? Don’t rush to cut your loss—this could be a bottom accumulation phase to prepare for a technical rebound.
This one has been crushed terribly, wiping out more than 95% of its value. But look closely: price has formed a solid base at 0.04560 and is trying to hold on to the MA7 line (0.05791). This suggests selling pressure has run out (selling exhaustion).
Volume is extremely low, indicating no one wants to sell at this price level anymore. The market makers may be quietly accumulating shares for a high-risk “Dead Cat Bounce” move to retest the MA25 line (0.07085). This is a high-risk trade (catching the bottom), but if it succeeds, the Reward/Risk ratio is very good.
The short-term goal is to fill the price gap up into the 0.070–0.080 range. Don’t let a boring sideways phase lull you into false confidence—watch the support zone to enter the trade.
$BULLA
$LAB