Here's a quick breakdown of the $VELVET
/USDT Perpetual Futures market with visuals
๐ VELVET/USDT Snapshot
Metric Value
Last Price $0.06638 ๐ป
INR Equivalent โน18.92 (+0.47%) ๐
Mark Price $0.06634
24h High $0.07413
24h Low $0.06238
24h Volume (VELVET) 387.78M ๐ช
24h Volume (USDT) $25.81M ๐ต
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๐ Technical Indicators
Indicator Value
Current Volume 1.63M
MA (5) 2.65M ๐
MA (10) 1.98M ๐
โก๏ธ Mixed short-term momentum (MA5 down, MA10 up)
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๐ Key Price Levels
๐บ Resistance
$0.06815โ$0.06793 โ Intraday resistance zone
$0.07413 โ 24h high & potential breakout level
๐ป Support
$0.06638 โ Current last price
$0.06332โ$0.06238 โ Key support range
$0.06000 (psychological support) ๐ง
๐ง Market Sentiment
๐ Sideways-to-bullish (slight gain +0.47%)
๐ Testing resistance near $0.068
โ ๏ธ Still within range โ watch for volume spikes
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๐งพ Summary
๐ Range-bound between $0.062 โ $0.074
๐ฉ Slight 24h gain (+0.47%)
๐ MA(5) declining โ short-term pressure
๐ MA(10) rising โ possible rebound forming
๐ Key watch: break above $0.068 = possible rally
Would you like alerts or trade setup ideas based on this range? ๐ฒ๐๐
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