VELVET/USDT — looks primed for continued growth 📊
VELVET is shaping up interestingly right now: after a strong move, the price hasn’t tanked but is trying to hold steady and build a new base. To me, that’s a good sign — buyers are still in the game.
Here’s what I see on the chart:
🔹 the trend is still alive
🔹 volumes support the move
🔹 dips are being quickly bought up
🔹 if we break the nearest resistance, we could see a new upward impulse
If VELVET can hold the current zone and establish itself above the local resistance, the next target could be significantly higher. It doesn’t look like the end of the rally, but rather a pause before the next move.
There’s risk, but the token still has good potential.
$VELVET
#VELVET #Crypto #BinanceAlpha #Altcoins #DeFi #USDT #Trading
VELVET is shaping up interestingly right now: after a strong move, the price hasn’t tanked but is trying to hold steady and build a new base. To me, that’s a good sign — buyers are still in the game.
Here’s what I see on the chart:
🔹 the trend is still alive
🔹 volumes support the move
🔹 dips are being quickly bought up
🔹 if we break the nearest resistance, we could see a new upward impulse
If VELVET can hold the current zone and establish itself above the local resistance, the next target could be significantly higher. It doesn’t look like the end of the rally, but rather a pause before the next move.
There’s risk, but the token still has good potential.
$VELVET
#VELVET #Crypto #BinanceAlpha #Altcoins #DeFi #USDT #Trading