VELVET stalls at $2—How deep could the current pullback go?
Velvet [VELVET] has continued its bullish trend. Powered by the Aerodrome Finance partnership news, the token price briefly pushed past the $2.0 round-number resistance on Monday, June 29. Since then, its momentum has slowed down. The altcoin saw an 11.5% correction in the past 24 hours, and its daily trading volume has fallen by 27.1%, according to CoinMarketCap statistics.