The explosive momentum behind $VELVET is undeniable and the next major move higher could be getting ready to unfold. Despite an impressive +40.30% surge on the day the token continues to show strong bullish momentum. The 15-minute chart has formed a clean local bottom following a healthy retest sweeping liquidity and setting the stage for a potential continuation move.

The bulls have stepped back in with confidence defending a key support zone while buy volume continues to strengthen. Price is now approaching recent resistance levels and a breakout above them could trigger another strong rally. The structure remains constructive and the technical setup continues to favor the upside.

📈 Bullish Outlook:

Support zone remains firmly defended by buyers.

Rising volume is supporting the bullish trend.

A breakout above local resistance could accelerate upside momentum.

🎯 It's gonna be huge!

Trade $VELVET here 👇

VELVETUSDT

Perp

0.4926

+25.55%