Velvet Price Explodes 5.1%, Reaches New All-Time High Above $0.06291 Support

The cryptocurrency Velvet (VELVET) saw a significant surge, increasing by 5.1% in the last 24 hours, surpassing its support level of $0.06291. This move has propelled VELVET to new heights, currently trading above $0.06639, signifying a potential new all-time high. The recent breakout marks a shift in market structure and indicates momentum in the near term. Support at $0.06291 remains firm, providing stability during this period of growth.