MARKET WATCH: The DeFAI powerhouse Velvet ($VELVET) is keeping traders on the edge of their seats after an explosive week! đ After its strategic liquidity move to Aerodrome Finance and launching synthetic pre-IPO markets, the token skyrocketed over 300% to a dramatic all-time high of $2.15.
âCurrently, the price is consolidating heavily around the $1.55 zone. Bulls are aggressively guarding the $1.48â$1.50 support to prevent a breakdown.
âBull Case: Holding this support could ignite a rapid charge back past $1.75 and eye the $2.00+ target. đđ
âBear Case: High profit-taking and the upcoming token unlock on July 10 pose short-term downside risks. â ïžđ©ž
âManage your leverage tightly and ride the momentum! đž
â#VelvetCrypto #CryptoTrading #VELVET #DeFAI #AltcoinSeason #Trading Alert
