$ESPORTS It’s easy to take a small bite!\n\nIf you observe the charts, you’ll notice that this rally faced significant sell pressure near the previous high of 0.277! The upper funding support has consistently been lacking!\n\nOn-chain analysis shows that some whales are cashing out! This caused a drop, but after hitting the hourly support near 0.2, we saw a notable rebound! There’s plenty of buying volume below!\n\nCurrent price at 0.216 is a good entry for a light long position! Targeting just below the previous high, with a stop-loss at 0.2. Let’s wait for the market signals! If there’s a second target, I’ll update in the chat room! $VELVET #SPCXReboundsTo$183OnHyperliquid