$VELVET in 1000017369.jpg reflects a healthy consolidation phase following a deeper retracement from its prominent peak of 2.151614. Currently holding around the 1.44645 level, the asset is attempting to establish a stable support floor to absorb the recent selling pressure. Maintaining this defense line gives buyers a strong foundation to build momentum for an upside reversal back toward upper structural targets.
Target 1: 1.650000
Target 2: 1.850000
Target 3: 2.150000
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$VELVET