
$VELVET experienced heavy selling but is now attempting to stabilize. The price is consolidating near support, which can become a base for a recovery move.
If bulls regain control and reclaim the mid range resistance, a stronger bounce could follow.
📊 Levels: • Support: 0.107 0.114
• Resistance: 0.13 0.14
• Recovery confirmation: Above 0.14
🔥 High volatility, but strong rebounds often start from deep accumulation zones.
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