#VELVET $Short Liquidation Update 💎
VELVET records a $5.63K short liquidation at $0.22724, marking a strong bullish move as shorts are forced to exit positions. This liquidation signals increasing market confidence and potential for a breakout above $0.23. If buying momentum continues, VELVET could target the $0.25 resistance zone next. Traders should monitor volume surges and RSI levels for signs of sustained upward momentum.
#VELVET Short Liquidation Update 💎
VELVET records a $5.63K short liquidation at $0.22724, marking a strong bullish move as shorts are forced to exit positions. This liquidation signals increasing market confidence and potential for a breakout above $0.23. If buying momentum continues, VELVET could target the $0.25 resistance zone next. Traders should monitor volume surges and RSI levels for signs of sustained upward momentum.#FOMCMeeting
