$VELVET is showing strong bullish momentum, with recent price action supported by heavy trading activity and a short-squeeze move.
🔹 Support: $0.57 → $0.52
🔹 Resistance: $0.62 → $0.70
🟢 Bullish: Break above $0.62 could open the way toward $0.70.
🔴 Bearish: Losing $0.57 may trigger a deeper pullback.
Bias: Bullish, but highly volatile ⚡
NFA — manage risk carefully.
#VELVET #crypto #Altcoins #trading
🔹 Support: $0.57 → $0.52
🔹 Resistance: $0.62 → $0.70
🟢 Bullish: Break above $0.62 could open the way toward $0.70.
🔴 Bearish: Losing $0.57 may trigger a deeper pullback.
Bias: Bullish, but highly volatile ⚡
NFA — manage risk carefully.
#VELVET #crypto #Altcoins #trading