Just a short while ago, we highlighted $VELVETUSDT as one of the strongest breakout candidates on Binance Futures.
Today, the market has confirmed the bullish thesis as $VELVET smashed through the $1 psychological resistance and printed a new high near $1.39! 📈
What the chart is showing now:
✅ Clean breakout above the $1.00 resistance zone
✅ Massive volume expansion confirms strong demand
✅ Price has gained over 90% in 24 hours
✅ Momentum remains extremely bullish with buyers in control
✅ New all-time highs attracting fresh market attention
🎯 Key Levels Going Forward:
🔹 Support Zone: $1.00 – $1.10
🔹 Immediate Resistance: $1.40
🔹 Next Bullish Targets: $1.60 – $1.80 if momentum continues
⚠️ After such a parabolic move, volatility is expected. Smart traders should watch for healthy pullbacks and volume behavior rather than chasing extended candles.
The breakout above $1 was the signal many traders were waiting for — and $VELVET delivered exactly as the chart suggested.
🔥 Early breakout watchers have been rewarded. The big question now:
Can $VELVET USDT maintain momentum and push toward $2 next? 👀
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