$VELVET has experienced massive volatility over the last few days, and after a sharp correction from its recent peak near 1.90, the price is starting to show signs of stabilization. The 4-hour chart reveals that the asset found strong bottom support around the 0.35510 level and has managed a solid recovery, pushing up by over +41% today to trade around 0.5528. This recent price action shows that buyers are stepping back in to accumulate at these lower levels, creating a potential baseline for a reversal. If the bulls can hold the current momentum and clear the immediate local resistance at the 24-hour high of 0.64350, it could trigger a much stronger recovery trend back toward the higher liquidity zones.
VELVETUSDT
Безсрочно
0.374
+1.27%
Target 1: 0.65000
Target 2: 0.78000
Target 3: 0.95000