Just a short while ago, we highlighted $VELVETUSDT as one of the strongest breakout candidates on Binance Futures.
Today, the market has confirmed the bullish thesis as $VELVET smashed through the $1 psychological resistance and printed a new high near $1.39! đ
What the chart is showing now:
â Clean breakout above the $1.00 resistance zone
â Massive volume expansion confirms strong demand
â Price has gained over 90% in 24 hours
â Momentum remains extremely bullish with buyers in control
â New all-time highs attracting fresh market attention
đŻ Key Levels Going Forward:
đč Support Zone: $1.00 â $1.10
đč Immediate Resistance: $1.40
đč Next Bullish Targets: $1.60 â $1.80 if momentum continues
â ïž After such a parabolic move, volatility is expected. Smart traders should watch for healthy pullbacks and volume behavior rather than chasing extended candles.
The breakout above $1 was the signal many traders were waiting for â and $VELVET delivered exactly as the chart suggested.
đ„ Early breakout watchers have been rewarded. The big question now:
Can $VELVET USDT maintain momentum and push toward $2 next? đ
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