Most traders will fade this $VELVET /USDT breakout and regret it by Friday.
$VELVET - 🟢 LONG · Conf 91%
Trade Plan:
Entry: 0.7868343 – 0.7973657
SL: 0.6793656
TP1: 0.8766508
TP2: 0.9330180
TP3: 1.0175687
Why this setup?
- The 4h setup is a trend-following LONG with 91% confidence, not a guess.
- Daily bias is bullish, so we are riding the bigger wave, not fighting it.
- RSI on the 15m is hot at 80.96, but in a strong trend, that is fuel, not a top signal.
- Entry zone is 0.7868 to 0.7973, with TP1 at 0.8766 and TP2 at 0.9330.
- Why now? Price is at the reference point 0.7921 with momentum behind it, and the stop at 0.6793 is wide enough to breathe but tight enough to protect.
- This is a trend trade, so risk is defined; do not move the stop down out of fear.
Debate:
Do you trust the 91% confidence score enough to hold to TP2, or are you taking profits at TP1 first?
Click here to Trade 👇️
$VELVET - 🟢 LONG · Conf 91%
Trade Plan:
Entry: 0.7868343 – 0.7973657
SL: 0.6793656
TP1: 0.8766508
TP2: 0.9330180
TP3: 1.0175687
Why this setup?
- The 4h setup is a trend-following LONG with 91% confidence, not a guess.
- Daily bias is bullish, so we are riding the bigger wave, not fighting it.
- RSI on the 15m is hot at 80.96, but in a strong trend, that is fuel, not a top signal.
- Entry zone is 0.7868 to 0.7973, with TP1 at 0.8766 and TP2 at 0.9330.
- Why now? Price is at the reference point 0.7921 with momentum behind it, and the stop at 0.6793 is wide enough to breathe but tight enough to protect.
- This is a trend trade, so risk is defined; do not move the stop down out of fear.
Debate:
Do you trust the 91% confidence score enough to hold to TP2, or are you taking profits at TP1 first?
Click here to Trade 👇️