🧵 VELVET is a trending altcoin showing strong bullish momentum, up 8.99% in the last 24 hours. With rising volume and RSI crossing into overbought territory, traders are watching for a breakout continuation.
📰 Market Data & News - Current Price: $0.062646 - 24h Change: +8.99% - Market Cap: $15.55M - Liquidity: $1.08M - Holders: 8,484 - No major headlines, but altcoin buzz and technical strength driving interest
🔄 Scenario Breakdown - Bullish Case: Break above $0.07200 with volume surge could target $0.080+ - Bearish Case: RSI reversal and resistance rejection may lead to retest of $0.05680
⚠️ Risk Level 🟡 Medium – Momentum strong, but RSI overbought
💬 Will VELVET break past $0.072 or cool off from here? What’s your take? 👇 📊 Trade according to the plan—click the chart and execute with precision. Success favors the prepared. Let’s make this count. 💪 🙏 Like, Follow & Share to support quality crypto insights!
📢 Not financial advice. Always DYOR and manage your risk.
VELVET #TheCryptoMalik $VELVET
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