Dears... those greens are getting a little too comfortable again 👀
$PROM +31% still leading like it owns the board. $SUPER +25% just had that vertical breakout. $UAI +24% still carrying serious momentum. And $PORTAL +20% is quietly staying in the conversation too.
Not every green is worth chasing now...
But these four still have enough structure behind the move to keep watching closely. 📈
The 4H structure basically snapped in one move. Price was holding around the $0.60-$0.65 area, then liquidity vanished and it fell straight into the $0.17-$0.20 zone.
That changes the whole trade.
For $VELVET bulls, first job is simply surviving above $0.175-$0.18. If that base holds, a relief push toward $0.24-$0.28 is possible.
But if $0.175 breaks again?
Then this chart gets ugly very fast.
One more thing... order book is still ask-heavy around 58%.
So no, I’m not calling this “cheap” just because it’s down 70%.
After a move like this, cheap can stay cheap... then somehow get cheaper. 👀📉
Will $VELVET bounce back? or this is already done and dusted?