$VELVET USDT: BEARS TAKE CONTROL

VELVET is down 28.68% in 24 hours, trading around $0.74713. The size of the decline signals strong selling pressure, while buyers have yet to establish a convincing reversal.

Current Price: $0.74713

24H Change: -28.68%

Support: $0.7000, $0.6500

Resistance: $0.8000, $0.8800

Losing $0.7000 could accelerate the bearish move toward the next support zone. A reclaim of $0.8000 would give buyers their first meaningful opportunity to rebuild momentum.

Potential upside targets after confirmation:

TG1: $0.8000

TG2: $0.8800

TG3: $0.9500

Stop-loss zone: below $0.6800.

Pro Trader Tip: Watch the reaction at support. A fast bounce is not enough, confirmation through a higher low matters more.

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