$VELVET Doubling daily trading volume of 1.6 billion vs $H 30% daily increase with 300 million in volume, can you believe these are two coins in the same sector? I haven't opened my account in two days, just took a quick look, and my positions are splitting right where they are.



Reasons to be bullish on $VELVET : 1. The 24-hour high surged to 1.922, rising from 0.837, indicating that the main players are not afraid of selling pressure; no top signals with increased volume; 2. The trading volume of 1,609 million is five times that of $H, with deep liquidity, allowing quick order execution without slippage, suitable for fast entry and exit; 3. After three large bullish candles, it’s consolidating around 1.47, clearly absorbing orders, with a high probability of pushing back to previous highs in the dense long positions area.

Reasons to be bearish on $VELVET : 1. A 58% increase in one day usually corresponds to a 10-20% pullback the next day; dropping from 1.922 to 1.472 already trapped some chasing high positions, and further rise requires new funds; 2. The MACD short-term crossover signals a potential downtrend, and if it falls below 1.4, support below is only at 1.2; 3. The square is full of pump posts, and consensus bullishness often signals a prelude to main players dumping.

Reasons to be bullish on $H : 1. Rising from 0.172 to 0.227, still in the early stage of upward movement, with more room to grow; 2. The trading volume of 323 million, though small, has a turnover rate over 40%, indicating rapid chip exchange and increased activity; 3. The 0.22 level just breaks through the previous high of 0.21, and if it stabilizes, it could trigger a new round of upward momentum.

Reasons to be bearish on $H : 1. The range from 0.29 to 0.172 has heavy trapped positions, with 0.25-0.26 acting as resistance; 2. The daily volume is much weaker than $VELVET, and speculators prefer to chase $VELVET, making $H prone to follow-the-leader traps; 3. The candlestick pattern with continuous pin bars and upper shadows indicates persistent selling pressure.

My personal trend trading only follows strength, not weakness, so I prefer to position myself for a potential rebound of $VELVET to around 1.35 with light positions, stop-loss at 1.20, and take profit at 1.8; for $H, wait for a pullback to 0.20 without breaking below before entering, with position size controlled within 30%. How do you see these two now? A rise could be capped at 1, and a collapse at 2.
VELVET0.30%
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CoolCommander
· 2h ago
Zeroing Coin has arrived
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