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$VELVET From the current trend, VELVET remains in a strong upward trajectory. After launching from a low level earlier, bullish capital has been flowing in continuously, with limited pullback strength, indicating very strong market absorption. The recent consolidation around 1.5 appears more like a washout and turnover by major players rather than the end of the trend.
On the technical side, as long as VELVET can stabilize in the 1.4-1.5 range, it is expected to challenge the previous high again in the future. Once it breaks through the resistance level of the previous high, market sentiment will be fully ignited. The short-term target is first to reach 1.8, and further, there is an opportunity to challenge around 2.2.#Saylor暗示增持BTC #Solana生态ANSEM暴涨 #TradFiCFD黄金大师赛