LONG $VELVET: Capturing Uptrend Momentum
🚀 $VELVET is riding a strong uptrend across multiple timeframes. The RSI at 67.07 indicates bullish momentum, while the MACD is positive, suggesting continued buying pressure. The current price of 0.9597 is well within the entry zone of 0.9321 – 0.9689. Targets are set at 1.0887 (TP1) and 1.1717 (TP2), with a stop loss at 0.8399. The 75% confidence and LOW risk rating make this a solid trade. Invalidation would come if the price drops below the 15m EMA20 at 0.8348. ⚡
Follow for daily crypto updates.
#DeGenYuv #Velvet
🚀 $VELVET is riding a strong uptrend across multiple timeframes. The RSI at 67.07 indicates bullish momentum, while the MACD is positive, suggesting continued buying pressure. The current price of 0.9597 is well within the entry zone of 0.9321 – 0.9689. Targets are set at 1.0887 (TP1) and 1.1717 (TP2), with a stop loss at 0.8399. The 75% confidence and LOW risk rating make this a solid trade. Invalidation would come if the price drops below the 15m EMA20 at 0.8348. ⚡
Follow for daily crypto updates.
#DeGenYuv #Velvet