🟣 $VELVET / USDT
Is Velvet nearing the end of its downtrend? 👀
The price is trading at $0.047, approaching resistance from the descending channel. A breakout above the $0.050 zone could be an early signal of a trend reversal.
🎯 Potential targets:
$0.053
$0.058
$0.063
$0.067
$0.082
🛑 Key support: $0.044
A breakout accompanied by rising volume could open the door to a new upward move.
Watch the close and don’t get ahead of the breakout.
#VELVET #Crypto #Altcoins
Is Velvet nearing the end of its downtrend? 👀
The price is trading at $0.047, approaching resistance from the descending channel. A breakout above the $0.050 zone could be an early signal of a trend reversal.
🎯 Potential targets:
$0.053
$0.058
$0.063
$0.067
$0.082
🛑 Key support: $0.044
A breakout accompanied by rising volume could open the door to a new upward move.
Watch the close and don’t get ahead of the breakout.
#VELVET #Crypto #Altcoins
