$VELVET is up +32.86% today at $1.7413, and the order book just flipped bullish.
57.25% bids vs 42.75% asks now. Buyers are back in control after a stretch where sellers had the upper hand. That shift lines up directly with today's strong candle.
Where it stands:
Above MA7: $0.851
Above MA25: $0.564
Above MA99: $0.210
All three moving averages remain well below price, clean bullish structure across the board.
The numbers:
Today: +24.31%
7 Days: +241.57%
30 Days: +1,762.35%
90 Days: +2,083.72%
24h Volume: $972.38M USDT
This is serious volume, not a thin pump. $972M in a single day means real capital is actively trading this, not just a handful of wallets pushing price.
My take: the order book flip is the most important signal here, it suggests the recent selling pressure has eased. Still, after a move this size, this remains an extended, high-risk position. Size accordingly.
Want to trade $VELVET ? Link in bio.
Extreme volatility. Not financial advice. DYOR.
$VELVET
#Velvet #BinanceSquare #CryptoAlpha #Altseason #dyor
57.25% bids vs 42.75% asks now. Buyers are back in control after a stretch where sellers had the upper hand. That shift lines up directly with today's strong candle.
Where it stands:
Above MA7: $0.851
Above MA25: $0.564
Above MA99: $0.210
All three moving averages remain well below price, clean bullish structure across the board.
The numbers:
Today: +24.31%
7 Days: +241.57%
30 Days: +1,762.35%
90 Days: +2,083.72%
24h Volume: $972.38M USDT
This is serious volume, not a thin pump. $972M in a single day means real capital is actively trading this, not just a handful of wallets pushing price.
My take: the order book flip is the most important signal here, it suggests the recent selling pressure has eased. Still, after a move this size, this remains an extended, high-risk position. Size accordingly.
Want to trade $VELVET ? Link in bio.
Extreme volatility. Not financial advice. DYOR.
$VELVET
#Velvet #BinanceSquare #CryptoAlpha #Altseason #dyor