$VELVET
Price is holding above the 7 & 25 EMA, RSI is strong around 67, and momentum is still positive.
But after that huge pump, I’d avoid chasing here. A pullback toward $0.95–$0.98 would give a much cleaner entry.
Above $1.06 bullish continuation.
Below $0.90 setup starts weakening.
Price is holding above the 7 & 25 EMA, RSI is strong around 67, and momentum is still positive.
But after that huge pump, I’d avoid chasing here. A pullback toward $0.95–$0.98 would give a much cleaner entry.
Above $1.06 bullish continuation.
Below $0.90 setup starts weakening.