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$VELVET IS TESTING THE $10 LEVEL — HERE'S WHAT TO WATCH 🔥
The market is compressing around the $10 mark, a level that has acted as both resistance and support over the past sessions. Order flow on the 1H shows aggressive bids stacking just below, suggesting buyers are defending this zone.
Volume has declined 12% in the last four hours, which often precedes an expansion move. The next candle close above $10 with conviction could trigger a momentum shift. Are you taking the long side or waiting for a breakdown?
Not financial advice. Always manage your risk.
#VELVET #Crypto #LevelTest #VolumeAnalysis
🔥
The market is compressing around the $10 mark, a level that has acted as both resistance and support over the past sessions. Order flow on the 1H shows aggressive bids stacking just below, suggesting buyers are defending this zone.
Volume has declined 12% in the last four hours, which often precedes an expansion move. The next candle close above $10 with conviction could trigger a momentum shift. Are you taking the long side or waiting for a breakdown?
Not financial advice. Always manage your risk.
#VELVET #Crypto #LevelTest #VolumeAnalysis
🔥
BITCOIN AT $60,397 - THIS LEVEL COULD TRIGGER A MASSIVE MOVE 🔥
This $60,397 print is the same zone that rejected price twice last week before sending it down to $58k. Now we're back with increasing volume on the 15m and the bid stack below is thinning fast.
A decisive flip above $60,500 and I expect momentum to accelerate toward the weekly resistance. If it fails here, the next bid support is nearly $2k lower.
Are you long here or waiting for a sweep?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #LevelTest #Crypto
🔥
This $60,397 print is the same zone that rejected price twice last week before sending it down to $58k. Now we're back with increasing volume on the 15m and the bid stack below is thinning fast.
A decisive flip above $60,500 and I expect momentum to accelerate toward the weekly resistance. If it fails here, the next bid support is nearly $2k lower.
Are you long here or waiting for a sweep?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #LevelTest #Crypto
🔥
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