$VELVET Current price: ~$0.455
To reach $1.00, VELVET would need to gain about 120% from the current price.
After a very sharp pump and dump, the chart is still in a recovery/consolidation phase.
If VELVET can:
Hold above $0.43,
Break $0.50–0.56 with strong volume,
And crypto market sentiment remains bullish,
then a move toward $1 becomes more realistic over time. However, based on the current chart alone, saying "$1 soon" isn't supported by the technicals.
If you're already holding VELVET, it's better to watch the $0.50–0.56 breakout zone before expecting a run toward $1.00.
To reach $1.00, VELVET would need to gain about 120% from the current price.
After a very sharp pump and dump, the chart is still in a recovery/consolidation phase.
If VELVET can:
Hold above $0.43,
Break $0.50–0.56 with strong volume,
And crypto market sentiment remains bullish,
then a move toward $1 becomes more realistic over time. However, based on the current chart alone, saying "$1 soon" isn't supported by the technicals.
If you're already holding VELVET, it's better to watch the $0.50–0.56 breakout zone before expecting a run toward $1.00.