$VELVET is showing strength as buyers continue to protect an important support zone. The price is holding steady, and momentum is slowly building. If this support stays intact, the next move could be a strong push higher.

Trade Setup
• Entry: 0.4660–0.4690
• Take Profit 1: 0.4800
• Take Profit 2: 0.5000
• Stop Loss: Below 0.4600

I'm watching this setup closely because the current price action looks promising. A clean bounce from support could open the way toward both profit targets. At the same time, keeping a stop loss below support helps manage risk if the market changes direction.

Now it's all about waiting for confirmation and letting the chart make the next move.

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