$VELVET:I took a look at this trend. In the past 24 hours, it’s up/down by +56.68%, with trading volume of about 46.20 million USDT. The current price is 0.09421 USDT. Right now I’m leaning bullish, with the 15-minute and 1-hour directions aligned. The current price is at about 98% of the intraday range. If it later pulls back and breaks below the midpoint of the intraday range and then continues to weaken, this bullish view will need to be reassessed. Volatility is fairly high—don’t just look at one direction and rush in; calculate the risk first. (Market snapshot: 2026-10-03 11:46 Beijing time; this is a technical-indicator viewpoint, not a guaranteed prediction.)