$VELVET
The price of Velvet is currently at $0.1986, with a 0.98% increase. The market cap is $36.63M, and on-chain liquidity stands at $2.2M. After reaching a high of $0.2498, Velvet has shown solid support at $0.1727 and is now experiencing an upward trend. The 1-day chart indicates steady buying pressure, and with MA(5) at 281,876, it's poised for further upside. Keep an eye on the resistance at $0.2028, which may provide the next breakout point. The volume is solid, suggesting continued interest from traders.
