$VELVET ‌VELVET is down on the day, but the chart still looks interesting because price is testing the lower support area near $1.47 $1.50. The earlier move toward $2.05 showed strong upside potential, and now the market is cooling off after that impulse. If $1.50 holds as support, this can become a healthy reset before the next move. A reclaim above $1.60 $1.67 would be the first sign that buyers are stepping back in.