🚀 $VELVET 8H BULLISH SETUP — PULLBACK OR BREAKOUT?

$VELVET is showing strong bullish momentum, but a healthy pullback could come first. 📈

🔥 Demand Zone: 0.5891–0.5586
🎯 Targets: 0.7572 → 0.9253 → 1.0292
🚀 A confirmed breakout above 0.7572 could accelerate the next leg higher.

⚠️ If 0.5586–0.5249 breaks on strong volume and price loses the 0.4210 swing low, the bullish setup weakens significantly.

Wait for confirmation—don’t chase blindly! 🎯

#VELVET #CryptoTrading #Altcoins #Binance #Crypto $VELVET