After a sharp dip to around $1.51, many expected the bullish momentum to fade.
Instead, buyers stepped in with confidence and pushed the price back above $1.64, showing that demand is still active.
This kind of recovery often attracts traders looking for continuation, but the next resistance will be the real test.
If bulls keep control, $VELVET could extend its momentum. If not, a healthy pullback before the next move wouldn't be surprising.
The next few candles will tell the story.
Would you hold $VELVET here or wait for another dip? 👇
#Velvet #Crypto #altcoins #Trading
$VELVET
Instead, buyers stepped in with confidence and pushed the price back above $1.64, showing that demand is still active.
This kind of recovery often attracts traders looking for continuation, but the next resistance will be the real test.
If bulls keep control, $VELVET could extend its momentum. If not, a healthy pullback before the next move wouldn't be surprising.
The next few candles will tell the story.
Would you hold $VELVET here or wait for another dip? 👇
#Velvet #Crypto #altcoins #Trading
$VELVET