VELVETUSDT - Has the accumulation started? 👀
From 0.04560$ bottom to 0.05928$ currently, the rise is continuous
The chart shows an accumulation phase after a strong drop from 0.91260$
The numbers shown on the chart:
0.0628$ resistance over 24 hours
0.0795$ the highest level mentioned in the image
RSI is neutral at 45 and MACD is still negative, meaning the movement is just beginning
What do you think? Accumulation or distribution?
$VELVET #VELVETUSDT
From 0.04560$ bottom to 0.05928$ currently, the rise is continuous
The chart shows an accumulation phase after a strong drop from 0.91260$
The numbers shown on the chart:
0.0628$ resistance over 24 hours
0.0795$ the highest level mentioned in the image
RSI is neutral at 45 and MACD is still negative, meaning the movement is just beginning
What do you think? Accumulation or distribution?
$VELVET #VELVETUSDT
