$H 📊Chart is interesting because it has completed a full recovery after a major collapse.

Price crashed from the 0.65–0.80 region down to nearly 0.08, then spent days building a base before exploding higher. That kind of recovery usually attracts both momentum traders and trapped holders looking to exit.

Key Level

🚨 0.65 Resistance Zone

The pink line around 0.648–0.650 is the most important level on the chart. It was previous support before the breakdown and now acts as major resistance.

Bullish Scenario 🟢

• Strong momentum remains intact.
• Higher highs and higher lows continue.
• Volume expansion supports the move.
• If buyers break and hold above 0.65, the next targets become:

🎯 0.75
🎯 0.85
🎯 1.00 psychological level

Bearish Scenario 🔴

The move is already very extended.

A +130% day attracts late buyers, and that often creates liquidity for profit-taking.

Support zones:

🔹 0.48–0.50
🔹 0.40–0.42
🔹 0.30–0.35

A rejection near 0.65 could easily trigger a healthy correction without changing the broader recovery trend.

Bias

Short-Term: Bullish 🟢
Medium-Term: Bullish 🟢
Risk Level: Very High ⚠️

The trend is still up, but price is approaching the biggest resistance on the chart. Chasing after a 130% rally carries significantly more risk than waiting for either:

✅ A confirmed breakout above 0.65
or
✅ A pullback into support

Bias: Bullish while above 0.48, but expect heavy volatility as price approaches the 0.65 resistance zone. 🚀📈

$VELVET 🟢
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