Hey there! Here i am :-)
Date: September 10, 2025
VELVET has been quietly consolidating, but now the chart is showing signs of life. After weeks of low-volume sideways action, price is finally breaking above resistance and looks ready to test higher levels.
🔍 Technical Snapshot:
Current Price: $0.092
EMA Levels:
4EMA: $0.0726
Key support: $0.0812
👉 Price has cleanly reclaimed moving averages, suggesting momentum is shifting to the upside.
📊 Chart Structure & Price Action:
A long accumulation phase built a strong base around $0.04 (blue support zone).
Multiple rejections at $0.081–0.082 created a resistance lid that is now breaking.
The breakout is backed by a steady increase in volume, giving credibility to the move.
📉 Supports to Watch:
$0.0812 (former resistance, now support)
$0.063 (short-term EMA support)
$0.04 (major demand zone)
📈 Upside Targets:
First target: $0.1119
Next: $0.1283
Full extension: $0.1789
📊 Momentum & Volume:
RSI (not shown but implied by setup) is climbing, yet not overextended — leaving room for continuation.
The breakout comes after tight compression, often a sign of strong upcoming volatility.
🎯 Creative Bullish Outlook:
VELVET has been like a sleeping giant, consolidating in silence while traders lost interest. Now, with price breaking above $0.09, it’s waking up. If momentum holds, we could see a wave of buyers chasing higher levels toward $0.11 and $0.12.
The real acceleration would come if $0.128 is cleared — opening the door to $0.178, where major liquidity sits.
📉 Invalidation:
A failed breakout and close back under $0.081 would weaken the setup.
Losing $0.063 would confirm the move was a fake-out, bringing price back to the $0.04 base.
⚡ Summary:
VELVET is breaking out of months-long consolidation. As long as price stays above $0.081, momentum favors bulls with targets at $0.11 → $0.128 → $0.178.
good trading :-)
Date: September 10, 2025
VELVET has been quietly consolidating, but now the chart is showing signs of life. After weeks of low-volume sideways action, price is finally breaking above resistance and looks ready to test higher levels.
🔍 Technical Snapshot:
Current Price: $0.092
EMA Levels:
4EMA: $0.0726
Key support: $0.0812
👉 Price has cleanly reclaimed moving averages, suggesting momentum is shifting to the upside.
📊 Chart Structure & Price Action:
A long accumulation phase built a strong base around $0.04 (blue support zone).
Multiple rejections at $0.081–0.082 created a resistance lid that is now breaking.
The breakout is backed by a steady increase in volume, giving credibility to the move.
📉 Supports to Watch:
$0.0812 (former resistance, now support)
$0.063 (short-term EMA support)
$0.04 (major demand zone)
📈 Upside Targets:
First target: $0.1119
Next: $0.1283
Full extension: $0.1789
📊 Momentum & Volume:
RSI (not shown but implied by setup) is climbing, yet not overextended — leaving room for continuation.
The breakout comes after tight compression, often a sign of strong upcoming volatility.
🎯 Creative Bullish Outlook:
VELVET has been like a sleeping giant, consolidating in silence while traders lost interest. Now, with price breaking above $0.09, it’s waking up. If momentum holds, we could see a wave of buyers chasing higher levels toward $0.11 and $0.12.
The real acceleration would come if $0.128 is cleared — opening the door to $0.178, where major liquidity sits.
📉 Invalidation:
A failed breakout and close back under $0.081 would weaken the setup.
Losing $0.063 would confirm the move was a fake-out, bringing price back to the $0.04 base.
⚡ Summary:
VELVET is breaking out of months-long consolidation. As long as price stays above $0.081, momentum favors bulls with targets at $0.11 → $0.128 → $0.178.
good trading :-)
Dagangan aktif
we took many profits in here, it seem to be creating another stage where to increment or buy it ;-) .. lets see 
Who Dares always Wins!
My contact on Telegram: @Etelve
My contact on Telegram: @Etelve
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Who Dares always Wins!
My contact on Telegram: @Etelve
My contact on Telegram: @Etelve
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.