$VELVET – Sellers exhausted, base forming

Long $VELVET

Entry: 0.095–0.100

SL: 0.090

TP1: 0.112

TP2: 0.126

TP3: 0.145

The recent dip failed to get continuation, with strong bids stepping in quickly — a sign of absorption rather than distribution. Downside momentum couldn’t expand and sellers lack follow-through. As long as this support zone holds, upside continuation remains the cleaner path.

Trade $VELVET here 👇

VELVETBSC
VELVETUSDT
0.4518
-5.10%