๐จ $VELVET Pulling Back After a Massive Rally! ๐
VELVET has dropped 14.3% from its 2.1701 high and is now trading around 1.8590. After an explosive multi-week run, a cooldown like this is not unusual.
๐ Key Levels: ๐น Price is below MA7 & MA25, but still holding above MA99 โ overall structure remains healthy. ๐ Today: +2.98% ๐ฅ 7D: +275.40% ๐ 30D: +1885.26% ๐น
Volume sits at 1.05M USDT (59.5K LAB), showing traders are still active.
Key levels: ๐ข Hold above MA25 (16.495) to keep the uptrend healthy. ๐ Reclaim 20.013 and a new ATH could be back on the table. ๐ด Lose 16.495, and a deeper pullback becomes more likely.
Parabolic trends rarely move in a straight lineโhealthy corrections are part of the game.
HEI saw a sharp rejection from 0.1759 down to 0.1317 before bouncing back to 0.1452, but price is still trading below the MA99 (0.1524), keeping the broader trend under pressure.
๐ Bullish signs: โข MA7 & MA25 are curling upward, hinting at a bounce attempt. โข 30D: +140% โข 90D: +95%
Good morning, crypto-geniuses and hodlers! โ๏ธ๐
Friday has arrived, which means it's time to lock in your profit (or accept the losses) and get ready for a great weekend! We wish you green candles in life, low gas fees on the network, and complete relaxation without constant checking CoinMarketCap every minute. Before heading off to well-deserved rest, we have a hot โtechnical analysisโ for you of the main event of tonight โ the decisive World Championship match between Uruguay and Spain (Group H).