🔥 $VELVET just went parabolic 👀
📍 Spiked to 0.98 in minutes
⚡ Huge impulse candle move
📊 Extreme volatility / momentum burst
💰 That’s exactly why these low-cap runs move fast — liquidity + momentum = sharp candles
🧠 At this stage:
Profit-taking usually spikes
Price can swing both directions quickly
Not chasing is often the safer play
🧐 Was that the start of something bigger… or a blow-off top? 🚀📉📈