🔥 $VELVET /USDT Update: Bullish Momentum Confirmed! 🚀
The charts are aligning perfectly with the recent recovery setup! $VELVET successfully held the $0.064 support zone and is now trading strong around $0.083, showing massive buyer strength.
📊 Live Technical Breakdown:
1H Chart: The Supertrend has officially flipped GREEN! MACD is crossing bullish, and RSI (71) shows strong upward momentum without being critically overextended yet.
1D Chart: We are seeing a textbook bottoming structure. The daily RSI is recovering beautifully from oversold territory, signaling the start of a potential macro reversal.
💡 Trade Outlook (Spot/Perp):
Current Price: ~$0.083
Next Resistance (TP1): $0.086
Major Breakout (TP2): $0.092+
Invalidation / SL: $0.074 (Keep it tight to protect capital).
Watch the $0.085 level closely—a clean 1H candle close above this resistance will trigger the next massive leg up! 🎆 Volume is stepping in. Are you riding this wave? Let me know your targets below! 👇
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