$VELVET is still strongly bullish after a massive breakout — waiting for a healthy pullback/retest
🔥 LONG $VELVET USDT
Entry Zone: 1.08 – 1.14
Stop-Loss: 1.00
🎯 Targets:
TP1: 1.247
TP2: 1.32
TP3: 1.40
Analysis:
1H structure remains bullish with price well above MA25 & MA99.
4H chart shows a massive breakout from the previous consolidation range with strong volume.
Price is currently pulling back from 1.2473, giving a potential retest opportunity rather than chasing the pump.
4H RSI is around 74, showing strong momentum but also elevated overbought risk.
1.08–1.14 is the key pullback/retest zone.
A clean break and hold above 1.247 could trigger the next expansion toward TP2–TP3.
⭐ Signal Rating: 8/10
⚠️ Risk: Very High volatility — use low leverage and proper position sizing.
❌ Invalidation: 4H close below 1.00 significantly weakens the bullish setup.
Trade $VELVET here 👇
#Velvet #LONG✅ #Signal🚥.
🔥 LONG $VELVET USDT
Entry Zone: 1.08 – 1.14
Stop-Loss: 1.00
🎯 Targets:
TP1: 1.247
TP2: 1.32
TP3: 1.40
Analysis:
1H structure remains bullish with price well above MA25 & MA99.
4H chart shows a massive breakout from the previous consolidation range with strong volume.
Price is currently pulling back from 1.2473, giving a potential retest opportunity rather than chasing the pump.
4H RSI is around 74, showing strong momentum but also elevated overbought risk.
1.08–1.14 is the key pullback/retest zone.
A clean break and hold above 1.247 could trigger the next expansion toward TP2–TP3.
⭐ Signal Rating: 8/10
⚠️ Risk: Very High volatility — use low leverage and proper position sizing.
❌ Invalidation: 4H close below 1.00 significantly weakens the bullish setup.
Trade $VELVET here 👇
#Velvet #LONG✅ #Signal🚥.