đŸ”„ $VELVET — Bounce or More Downside?
$VELVET is trading near $0.619, down 7.45% today. Price is sitting between key moving averages, so the next move could be important.
📌 Key levels:
‱ Support: $0.61 → $0.55
‱ Resistance: $0.71 → $0.78
‱ Reclaiming $0.78 could open the door for a stronger move.
I’m watching VELVET/USDT closely. Wait for confirmation and manage your risk. ⚡
Would you LONG or SHORT $VELVET here? 👇
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