$VELVET /USDT is showing a strong bullish bounce on the 1H timeframe, breaking above the $0.100 psychological level with rising buying pressure.

RSI near 58 and a weakening bearish MACD histogram signal a potential breakout above the middle Bollinger Band.

If support holds, price is well-positioned for a short-term rally toward the $0.115 resistance zone.

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VELVETUSDT

Perp

0.10879

-6.24%