🟢 $VELVET LONG SETUP
$VELVET is recovering strongly from the 0.47–0.49 support zone following the recent sell-off. Buyers are gradually stepping back in, while the latest candles indicate that bullish momentum is building.
📍 Entry: 0.5600 – 0.5700
🎯 TP1: 0.6000
🎯 TP2: 0.6300
🎯 TP3: 0.6700
🛑 Stop Loss: 0.5350
📈 Reason: As long as price holds above 0.55, a break above 0.60 with volume could confirm further recovery toward the higher targets.
Trade with proper risk management.
$VELVET is recovering strongly from the 0.47–0.49 support zone following the recent sell-off. Buyers are gradually stepping back in, while the latest candles indicate that bullish momentum is building.
📍 Entry: 0.5600 – 0.5700
🎯 TP1: 0.6000
🎯 TP2: 0.6300
🎯 TP3: 0.6700
🛑 Stop Loss: 0.5350
📈 Reason: As long as price holds above 0.55, a break above 0.60 with volume could confirm further recovery toward the higher targets.
Trade with proper risk management.