The currency $VELVET has great stability and resilience!

The VELVET currency is currently going through a calm phase after a good upward wave. The price is holding up excellently, indicating that buyers are waiting for the right moment to push the price back towards recent peaks.

$VELVET Buy (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 break currently, and the Relative Strength Index (RSI) is exactly in the middle (52), which is very healthy for the possibility of a rise. Despite some slight pressure from above, staying above the support level of 0.07600 keeps the positive outlook intact.

$VELVET Is this the last pullback before VELVET reaches 0.10?

VELVETUSDT

Perp

0.07992

-1.06%