$VELVET bounced hard from $0.472 and now buyers are fighting around 0.66-0.67 again.
I would not chase this candle. Better setup for me is a pullback that holds 0.63-0.65.

LONG Entry: 0.630–0.650
Stop Loss: 0.595
TP1: 0.700
TP2: 0.775
TP3: 0.850

If 0.63 keeps getting defended, this recovery still has room.