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Honestly?
Right now, $VELVET smells like preparation for a move.
The price is holding near an important zone, and such places rarely go through calmly.
If we see a false dip below 0.4879 and a quick return — buyers could very quickly take over the initiative.
Then the first targets are 0.5337 and 0.5372.
If the impulse turns out stronger than expected, the next target is 0.6128.
But as long as 0.4879 isn’t held, it’s definitely too early to relax.
Sometimes one move toward liquidity changes the entire scenario.
#PreIPOsSeason2OpenAISubscription