$VELVET – LONG
Entry: 0.5052 – 0.5122
SL: 0.4852
Targets: TP1 0.5352 | TP2 0.5652 | TP3 0.6002
Leverage: 8x – manage risk tightly.
Why it works: VELVET is back in accumulation after the massive 1800% run, holding above key support near 0.50. The token is coiling on the 4H chart with decreasing volume on dips, suggesting sellers are exhausted. A breakout above 0.53 could trigger the next leg toward 0.60+.
$VELVET
Entry: 0.5052 – 0.5122
SL: 0.4852
Targets: TP1 0.5352 | TP2 0.5652 | TP3 0.6002
Leverage: 8x – manage risk tightly.
Why it works: VELVET is back in accumulation after the massive 1800% run, holding above key support near 0.50. The token is coiling on the 4H chart with decreasing volume on dips, suggesting sellers are exhausted. A breakout above 0.53 could trigger the next leg toward 0.60+.
$VELVET