đš $VELVET RECLAIMS CRITICAL DEMAND AREA AFTER EXPLOSIVE BOUNCE FROM LOWS! âĄ
Entry: 0.62-0.64 âĄ
Target: 0.70 đ
Stop Loss: 0.60 â ïž
After dropping from $1.247 to $0.47, $VELVET is showing signs of order flow stabilization near $0.65. đ The immediate setup depends on buyers holding the $0.62-$0.64 demand block to drive price back toward initial overhead targets at $0.70 and $0.74-$0.76.
đĄ However, a loss of the $0.60 pivot level invalidates this structure and opens the door for a liquidity sweep toward $0.55. đ Smart money is weighing whether this price action represents structural accumulation or a standard relief bounce in a macro downtrend. đŹ Do you see a real recovery base forming here, or is this just another trap before lower lows? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #VELVET #MarketStructure #Crypto #Altcoins
đŻ đŠ
Entry: 0.62-0.64 âĄ
Target: 0.70 đ
Stop Loss: 0.60 â ïž
After dropping from $1.247 to $0.47, $VELVET is showing signs of order flow stabilization near $0.65. đ The immediate setup depends on buyers holding the $0.62-$0.64 demand block to drive price back toward initial overhead targets at $0.70 and $0.74-$0.76.
đĄ However, a loss of the $0.60 pivot level invalidates this structure and opens the door for a liquidity sweep toward $0.55. đ Smart money is weighing whether this price action represents structural accumulation or a standard relief bounce in a macro downtrend. đŹ Do you see a real recovery base forming here, or is this just another trap before lower lows? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #VELVET #MarketStructure #Crypto #Altcoins
đŻ đŠ