$VELVET is showing heavy bearish pressure after a sharp sell-off, with price around $0.125 and 24-hour volume near $23.6M.
🔹 Support: $0.12–$0.125
🔹 Resistance: $0.15–$0.16
🔹 Trend: Bearish ⚠️
A move back above $0.16 could signal a short-term recovery, while losing $0.12 may open the door to further downside. High volatility makes risk management important.
#VELVETUSDT #velvettrade #ViralTrends
🔹 Support: $0.12–$0.125
🔹 Resistance: $0.15–$0.16
🔹 Trend: Bearish ⚠️
A move back above $0.16 could signal a short-term recovery, while losing $0.12 may open the door to further downside. High volatility makes risk management important.
#VELVETUSDT #velvettrade #ViralTrends