$VELVET

is seeing some red today despite solid trading activity.

📊 Market Update:

Price: $0.1689 (-0.36%)

24H Volume: $39.92M

RSI (14): 0 ❗️ (oversold territory)

Funding Rate: 0.005%

Volume Δ: +227% 🚀

EMA50 / EMA100: Bearish trend ⬇️

RSI vs BTC: 73.45

🔎 Key Points:

High volume spike (+227%) suggests strong participation despite the minor dip.

Oversold RSI indicates potential for a rebound.

Short-term trend remains bearish with EMA50 & EMA100 pressure.

👉 Watch closely: Rising activity could signal accumulation before the next move.

#Crypto #VELVET #Altcoins #MarketUpdate #Trading #BinanceSquare