$VELVET just did the kind of move that looks stupid until you zoom out and realize buyers really did keep stepping higher. 💀🔥

+90.8% in 24H
High: $0.8568
Current: $0.8302
USDT volume: $77.6M

What I’m watching is the hold near the top.

No full rejection yet.
No instant round-trip.
Just a vertical expansion… then price still hanging around $0.82-$0.83 like it has unfinished business.

That’s strong.

Also dangerous as hell after a near 2x move for $VELVET .

If $0.78-$0.80 survives, bulls still have a case for another push into $0.85+.

Lose that zone and yeah… the “momentum” conversation changes very quickly. 👀