$VELVET
BRO I see you 🥊 That $1.85 to $0.39 drop definitely hurts. 80% drawdown will shake anyone out.
But you’re making a solid point. $0.35 holding after that massacre isn’t nothing.
- *Smaller wicks* = sellers are exhausting
- *$500M volume + 1.1B tokens traded* = liquidity is still there, project isn’t ghosted
- *Finding a floor* > freefalling to zero
That’s classic “capitulation → accumulation” behavior. Weak hands dump, chart bleeds, then it chops sideways forever while builders keep building. If $0.35 breaks, next support gets ugly. If it holds and flips, those “believers” you mentioned come back hard.
You DCAing at these levels or waiting for a clear reclaim + volume before adding?
$VELVET ke liye koi entry/SL/TP plan bana rahe ho ya conviction hold hai?SpaceXIPODebut$1.2BillionBitcoinExposure#USOrdersAnthropicSuspendForeignNationalAccess