
$VELVET showing a strong recovery setup 🚀
After a sharp flush, buyers stepped in aggressively from the $0.44 zone and created a strong rebound structure.
Price is now holding near the lower Bollinger area with sellers losing momentum. The key zone to watch is the $0.90 support area.
If bulls reclaim $1.00, we could see a move toward $1.10+ as momentum returns.
Deep corrections often create the best risk/reward opportunities when structure starts improving.
Watching $VELVET closely. 👀
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