**$VELVET is showing resilience at a critical demand zone after a sharp correction from highs.**

Structure remains intact as price consolidates above the 0.3529 low with volume tapering.

E P: 0.3751 - 0.3529

T P: 0.6083 / 0.9389 / 1.2695

SL: 0.3400

Market has swept liquidity aggressively from 1.8555 down to 0.3529, triggering RSI into oversold territory at 30. Price is now reacting off a key structural low with reduced sell-side volume, indicating absorption. Buyers stepping in here as the 24h volume of 966.19M USDT confirms active participation at this range.

Let's go and Trade now $VELVET #DogeRisesNearly6PctOnSpaceXIPO

VELVETBSC
VELVETUSDT
0.3346
-31.05%