Is $VELVET Setting Up A Relief Rally Right Now…!!
#VELVET is showing early signs of a bullish bounce after reaching a local bottom near 0.0501 following a sharp downward trend The chart structure indicates that buyers are stepping in to defend this lower support region and drive price back up toward 0.0572 as momentum starts to turn positive If this recovery attempt maintains strength and breaks above immediate resistance the next potential targets are 0.0700 and 0.0800 while 0.0501 remains the main support zone keeping this reversal setup valid$BTW
#VELVET is showing early signs of a bullish bounce after reaching a local bottom near 0.0501 following a sharp downward trend The chart structure indicates that buyers are stepping in to defend this lower support region and drive price back up toward 0.0572 as momentum starts to turn positive If this recovery attempt maintains strength and breaks above immediate resistance the next potential targets are 0.0700 and 0.0800 while 0.0501 remains the main support zone keeping this reversal setup valid$BTW
