$VELVET Staying smooth and steady!

VELVET is currently in a cooling-off phase after a nice rally. It is holding its ground well, suggesting that buyers are waiting for the right moment to push it back up toward the recent highs.

$VELVET LONG

Entry: 0.07750 - 0.07960

Targets: 0.08350 | 0.08800 | 0.09500

Stop Loss (SL): 0.07400

Leverage: 3x - 5x

Reason:

The price is taking a breather, and the RSI is right in the middle (52), which is very healthy for a potential move up. While there is some minor pressure from above, staying above the 0.07600 support level keeps the bullish dream alive.

$VELVET Is this the final dip before VELVET hits 0.10?