VELVET surprised the market by rebounding to $0.55 after suffering an 80% decline. While the sharp recovery has attracted attention, traders should remain cautious.
Large rebounds after major crashes are often referred to as a "dead cat bounce" — a temporary recovery before further downside. Many investors who held through the drop may use the rally as an opportunity to exit their positions.
Key questions remain:
🔹 Can VELVET sustain this momentum?
🔹 Will buying volume continue to increase?
🔹 Is this a genuine trend reversal or just a short-term bounce?
As always, risk management is essential. Never invest based on emotions or hype alone.
📊 What's your view on VELVET — recovery or dead cat bounce?
#Velvet #crypto #BinanceSquar #Trading #dyor
VELVETUSDT
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