🚀 $VELVET/USDT Technical Analysis 🔥
After dropping from $1.2473,$VELVET bounced strongly off the $0.4722 floor and is now trading around $0.6671 (+19.08%).
📊 Technical Highlights
MA(7) & MA(25): Short-term bullish crossover around $0.6580 confirms buying momentum.
Key Support: $0.6040 – $0.4722
Key Resistance: $0.7948 (MA-99 dynamic resistance)
💡 Trading Plan
Bullish Target 1: $0.7740
Bullish Target 2: $0.7950
Stop Loss: Below $0.6000
Always manage your risk!
#VELVET #VELVETUSDT #BinanceSquare #CryptoTrading #TechnicalAnalysis #CryptoSignals #Altcoins
After dropping from $1.2473,$VELVET bounced strongly off the $0.4722 floor and is now trading around $0.6671 (+19.08%).
📊 Technical Highlights
MA(7) & MA(25): Short-term bullish crossover around $0.6580 confirms buying momentum.
Key Support: $0.6040 – $0.4722
Key Resistance: $0.7948 (MA-99 dynamic resistance)
💡 Trading Plan
Bullish Target 1: $0.7740
Bullish Target 2: $0.7950
Stop Loss: Below $0.6000
Always manage your risk!
#VELVET #VELVETUSDT #BinanceSquare #CryptoTrading #TechnicalAnalysis #CryptoSignals #Altcoins