Velvet Capital Secures $3.7M in New Funding Round
Funding Announcement: Velvet Capital has successfully raised $3.7 million in a funding round led by YZi Labs and other notable investors to enhance its DeFi asset management capabilities, focusing on trustless and transparent ecosystems.
Future Developments: The investment will support the rollout of Velvet's new DeFAI operating system and the launch of the VELVET token, aiming to improve trading and portfolio management across multiple blockchain networks while increasing user engagement through governance and reduced fees.
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Technical Analysis for MLN
Technical Sentiment Analysis for Enzyme (MLN) As of , Enzyme (MLN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MLN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MLN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Enzyme (MLN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.71 | 2.33 | 3 | 3.62 | 4.29 | 4.91 | 5.58 |
| Fibonacci | 2.33 | 2.823 | 3.127 | 3.62 | 4.113 | 4.417 | 4.91 |
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