$VELVET — THE PULLBACK IS NOW THE STORY 👀
After tagging $0.09569, VELVET is cooling near $0.0828.
The 1H structure still holds above its key EMA cluster.
On 15m, price is now testing the $0.082–$0.083 area instead of chasing the spike.
Holding this zone keeps the higher-low structure alive.
A loss of it shifts attention toward the deeper $0.078 support area.
The next volume expansion should tell us whether buyers are ready for another attempt.
👇 Watch $VELVET as this retest develops.
After tagging $0.09569, VELVET is cooling near $0.0828.
The 1H structure still holds above its key EMA cluster.
On 15m, price is now testing the $0.082–$0.083 area instead of chasing the spike.
Holding this zone keeps the higher-low structure alive.
A loss of it shifts attention toward the deeper $0.078 support area.
The next volume expansion should tell us whether buyers are ready for another attempt.
👇 Watch $VELVET as this retest develops.