$VELVET – Sales are prolonged. If this level holds, the bounce could be sharp.

Long $VELVET

Entry: 0.0775 – 0.0790

SL: 0.0745

TP1: 0.0830

TP2: 0.0880

TP3: 0.0950

The pullback did not continue, and bids appeared quickly, resembling absorption more than distribution. Buyers are still well defending the structure, and the negative momentum failed to expand. As long as this zone holds, continuation upward remains the cleaner path.

Trading $VELVET here 👇

VELVETUSDT

Perp

0.07838

-16.80%