VELVET futures: the key divergence has emerged. What matters more now is whether funds are starting to step in or this is just a short-term sentiment spike. The previous completed 5m candle was up +3.89%, current price is 0.07469, 24h volume is 3.4792 million, price is above the VWAP at 0.072146, and volume is 32.3x.
Can the pullback hold above the VWAP at 0.072146, and can volume stay elevated after expanding to 32.3x? Don’t focus on the first candle—the second one is more telling.
#VELVET #Unusual Movement Alert
Can the pullback hold above the VWAP at 0.072146, and can volume stay elevated after expanding to 32.3x? Don’t focus on the first candle—the second one is more telling.
#VELVET #Unusual Movement Alert