$VELVET showing early signs of base formation after the extended downtrend.

Price is attempting to reclaim short-term structure as sellers lose momentum.

EP

0.07600 – 0.08150

TP

TP1

0.08950

TP2

0.09880

TP3

0.11200

SL

0.06980

Liquidity was cleared on the final selloff followed by a reactive bounce, suggesting absorption at demand rather than continuation. Holding above the developing range shifts structure toward a relief expansion into prior supply zones.

Let’s go $VELVET