$VELVET is attempting to reclaim momentum at $0.1121 after a -10.89% pullback. Key support rests near $0.1104–$0.1110, with a stronger base around $0.1069–$0.1073. Resistance is clear at $0.1184 then $0.1255. Target 🎯: $0.1380–$0.1450 on a clean breakout. Next move stays constructive above $0.1104 — rejection at $0.1184 could send it back to test support first. Pro tip: Keep an eye on MACD cross confirmation and volume expansion to validate trend reversal, so keep an eye on the broader market for confirmation.