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#VELVET Through data analysis from Aice100, it can be seen that when $VELVET price is around $0.449, the 24-hour price change is -9.69%.
What can I say, short-term trend is downward, and the weakness is accelerating.
The only concern is that the large investors' long and short positions are at 62:38, clearly leaning bullish. Don't rush to buy the dip before the weakness ends.
Below $0.43553 is the critical support line, with $0.46022 above it as the first resistance.