I told you $VELVET could reach $1.00–$1.50 — and $1.00 is now SMASHED. 🔥
$VELVET just pushed above the $1.00 psychological level with a massive daily breakout. The chart is showing strong momentum, and the next major area I’m watching is $1.40–$1.50.
If buyers keep control and price holds above $1.00, a continuation toward $1.40 → $1.50 is realistic. After that, $1.67 becomes the bigger level from the chart.
But after a move this aggressive, a pullback would be completely normal. I would watch how price reacts around $1.00–$1.05 before chasing.
I looked deeper at the $H chart, and the structure is becoming difficult to ignore.
After the major drop, H spent weeks building a base around $0.05–$0.07. Since then, buyers have been consistently pushing price higher, creating higher lows and higher highs.
Now H is trading around $0.106, with momentum expanding.
If buyers continue defending the current structure, I can see $0.14 → $0.16 → $0.20 becoming realistic upside zones this month.
A pullback would not automatically change the bullish view — what matters is whether H continues forming higher lows.
For me, H is no longer showing the same weakness we saw earlier. The structure has changed.