⚠️ $VELVET just reminded everyone that parabolic moves come with brutal pullbacks.
After exploding to $1.92, VELVET corrected sharply and is now fighting to hold the $0.86–$0.98 support zone. Bulls need to reclaim $1.25+ to regain momentum, while a break below support could trigger another wave of selling.
Is this a healthy reset before the next leg up, or the beginning of a deeper correction? 🤔📉📈
Drop your prediction below! 👇