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$VELVET experienced a short liquidation around $0.18922, indicating that leveraged sellers were forced to close their positions. The liquidation reflects strengthening bullish momentum, with buyers gaining control of the short-term trend. If price continues to hold above key support levels, further upside movement could follow as short-covering activity supports additional buying pressure.
Entry: $0.1870 - $0.1910
SL: $0.1820
TP1: $0.1950
TP2: $0.2030
TP3: $0.2120
TP4: $0.2250
Momentum is strengthening, and recent pullbacks are attracting buyers. Watch resistance levels closely and trade with proper risk management.
Buy and Trade $VELVET