$VELVET — Reclaim & LONG Setup 🚀
$VELVET is approaching a key support area where buyers could attempt a recovery. A strong reclaim of $0.705–$0.720 may open the door for further upside.
🟢 LONG
Entry: $0.705–$0.720
🎯 TP1: $0.750
🎯 TP2: $0.800
🛑 SL: Below $0.680
Bullish outlook remains valid while the key zone is defended. Avoid chasing the move and wait for confirmation before entering. 📈
$VELVET is approaching a key support area where buyers could attempt a recovery. A strong reclaim of $0.705–$0.720 may open the door for further upside.
🟢 LONG
Entry: $0.705–$0.720
🎯 TP1: $0.750
🎯 TP2: $0.800
🛑 SL: Below $0.680
Bullish outlook remains valid while the key zone is defended. Avoid chasing the move and wait for confirmation before entering. 📈