The current 4H chart for VELVET shows a cooling period after the recent surge to **0.137**. Market structure is shifting into a consolidation phase as the price hovers near the **MA(7)** (0.113) and **MA(25)** (0.116). Support from the **MA(99)** at **0.093** remains the primary floor. If bulls can hold this range, a retest of the local highs is likely.


**Spot Entry Logic:**
Accumulate near **0.111** (current level) or on a dip toward the **0.105** support zone. Use a tight stop-loss below the recent swing low at **0.102** to manage risk.
**Take Profit Targets:**
* **TP1:** 0.125
* **TP2:** 0.137
* **TP3:** 0.150
*NFA. Do your own research.*
$VELVET
VELVET-6.66%
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