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 :-)
Сделка активна
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
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Who Dares always Wins!
My contact on Telegram: @Etelve
My contact on Telegram: @Etelve
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.