Could $VELVET really run back to $1.00โ$1.50 like before? ๐
$VELVET has finally started waking up after spending weeks building a base around the $0.25โ$0.55 zone.
Now price is around $0.67 with strong momentum.
The important part is what happens next.
If buyers continue pushing through the $0.70โ$0.80 area, the chart could open the door toward $1.00.
And if $1.00 is reclaimed with strong volume, I wouldnโt ignore the possibility of a bigger move toward $1.20โ$1.50.
But remember โ VELVET has already shown how violently it can move in both directions. Chasing a green candle is not the strategy.
Iโm watching the breakout structure and how buyers react on pullbacks.
$1.00 is no longer a crazy level to discuss โ but $1.50 requires serious continuation.
Whatโs your thought on $VELVET โ $1 first, or are you expecting an even bigger move? ๐
#CFTCOrdersKalshiToKeepOperating
$VELVET has finally started waking up after spending weeks building a base around the $0.25โ$0.55 zone.
Now price is around $0.67 with strong momentum.
The important part is what happens next.
If buyers continue pushing through the $0.70โ$0.80 area, the chart could open the door toward $1.00.
And if $1.00 is reclaimed with strong volume, I wouldnโt ignore the possibility of a bigger move toward $1.20โ$1.50.
But remember โ VELVET has already shown how violently it can move in both directions. Chasing a green candle is not the strategy.
Iโm watching the breakout structure and how buyers react on pullbacks.
$1.00 is no longer a crazy level to discuss โ but $1.50 requires serious continuation.
Whatโs your thought on $VELVET โ $1 first, or are you expecting an even bigger move? ๐
#CFTCOrdersKalshiToKeepOperating