đ $VELVET â Bullish breakout above all MAs.
Price 0.6287, above MA7 (0.5811), MA25 (0.5238), and MA99 (0.5001) â bullish structure. 24h high 0.6565 rejected slightly. Volume moderate (USDT 37.29M). Today +29.8%.
Key levels:
· Resistance: 0.6565 â break above = continuation.
· Support: MA7 (0.5811) â hold = bullish; break = pullback to 0.5238.
Verdict: Bullish but overextended. Pullback to MA7 likely before next leg up.
#VELVET #BullishBreakouts #BinanceSquare
Price 0.6287, above MA7 (0.5811), MA25 (0.5238), and MA99 (0.5001) â bullish structure. 24h high 0.6565 rejected slightly. Volume moderate (USDT 37.29M). Today +29.8%.
Key levels:
· Resistance: 0.6565 â break above = continuation.
· Support: MA7 (0.5811) â hold = bullish; break = pullback to 0.5238.
Verdict: Bullish but overextended. Pullback to MA7 likely before next leg up.
#VELVET #BullishBreakouts #BinanceSquare