$VELVET – Dead sell pressure, price sitting on a well-defined base.

Long $VELVET

Entry: 0.097–0.100

SL: 0.092

TP1: 0.110

TP2: 0.125

TP3: 0.145

The dip didn’t get continuation and bids stepped in quickly, which looks more like absorption than distribution. Buyers are still defending structure and downside momentum failed to expand. As long as this area holds, continuation higher remains the cleaner path.

Trade $VELVET here 👇

VELVETUSDT

Perp

0.09936

-14.52%