LONG $VELVET: Catch the Uptrend with High Confidence
longitudal momentum on $VELVET is strong. With all timeframes in an uptrend and RSI at 54.44, the bulls are in control. The MACD line crossing above the signal line adds to the bullish case. 💰 Entry Zone: 0.6775 – 0.6952. 🎯 TP1: 0.7500, TP2: 0.7924. 🛑 SL: 0.6334. A 1.2 Risk/Reward ratio and 75% confidence make this a LOW risk trade. If the price breaks below 0.6334, reassess the setup. ⚠️
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#DeGenYuv #Velvet
longitudal momentum on $VELVET is strong. With all timeframes in an uptrend and RSI at 54.44, the bulls are in control. The MACD line crossing above the signal line adds to the bullish case. 💰 Entry Zone: 0.6775 – 0.6952. 🎯 TP1: 0.7500, TP2: 0.7924. 🛑 SL: 0.6334. A 1.2 Risk/Reward ratio and 75% confidence make this a LOW risk trade. If the price breaks below 0.6334, reassess the setup. ⚠️
Follow for more setups like this.
#DeGenYuv #Velvet