$VELVET Market Perspective 📊

I’m seeing a steady bullish structure developing on $VELVET as price continues to hold above its mid-range support while trading close to the 0.0867 daily high.

Volume remains consistent, and the higher-low pattern on lower timeframes suggests buyers are actively defending dips. This indicates healthy demand rather than exhausted momentum.

As long as price holds above the 0.0840 – 0.0807 support zone, a push toward 0.0875 looks very likely.

If we get a clean breakout above that level, the move could extend toward 0.0920.

⏱ Expected timeframe: within the next 24 hours.

⚠️ This is not a trade signal and not an entry recommendation — just my technical perspective based on current structure and price behavior.

VELVETBSC
VELVETUSDT
0.08794
+6.56%

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