This one is building a pretty clean bullish structure right now. Price is holding above mid-range support and trading close to the 0.0867 daily high, which shows buyers are still in control.
Volume is steady, and on lower timeframes we’re seeing consistent higher lows — dips are getting bought. As long as VELVET stays above the 0.0840 – 0.0807 support zone, a push toward 0.0875 looks very realistic.
If 0.0875 breaks clean with strength, the next upside area I’m watching is around 0.0920.
I think this move could play out within the next 24 hours, but I’m not recommending any entries here — just sharing how I’m reading the chart.
Honestly, this one looks strong right now. Price is sitting near the intraday highs and volume pushed up to 723.63M — that tells me buyers are actually showing up, not just random noise.
On lower timeframes, it keeps printing higher lows, which is a good sign. As long as FHE holds that 0.0448 – 0.0420 zone, I can see it pushing toward 0.0504 next.
If 0.0504 breaks clean with strong volume, 0.0550 could come fast.
Feels like momentum is on the bulls’ side for now, and this volatility could continue over the next 24 hours.
Not telling anyone to enter here — just sharing how I’m seeing the chart right now. Always manage your own risk 🙏