$VELVET Guys the important question now is whether $0.60 becomes support or the move retraces deeper.
let's analyse it carefully ...
Current price: ~$0.600
EMA 9: $0.5709
EMA 26: $0.5128
24H high: $0.8887
🎯 Best setup
Don't chase the $0.60 price after a ~39% daily move.
For a safer bullish setup, wait for either:
4H close above $0.65–$0.70, or
Pullback toward $0.57 followed by a clear bullish reaction.
Overall: 🟢 Bullish structure, but 🔴 high volatility and elevated pullback risk. The EMA 9 at $0.5709 is the key short-term level to watch.
#tecnicalanalayist863 #write2earnonbinancesquare

$SPCXB
$RTX