$VELVET is holding its support after the pullback, and I’m watching for the bounce to continue.
Trade Setup — $VELVET LONG
Entry Zone: 0.568–0.575
Target 1: 0.603
Target 2: 0.635
Target 3: 0.680
Stop Loss: 0.545
Why this setup works: buyers are defending the support zone, giving the trade a clear invalidation level. I’m looking for price to hold 0.568–0.575 and regain momentum toward the recent resistance areas.
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Trade Setup — $VELVET LONG
Entry Zone: 0.568–0.575
Target 1: 0.603
Target 2: 0.635
Target 3: 0.680
Stop Loss: 0.545
Why this setup works: buyers are defending the support zone, giving the trade a clear invalidation level. I’m looking for price to hold 0.568–0.575 and regain momentum toward the recent resistance areas.
#USJulyCPI&PPIDueThisWeek #DogecoinLeadsMajorsUpNearly3% #CFTCOrdersKalshiToKeepOperating #KOSPIRisesNearly5%TriggersBuySideSidecar #SECMayUnveilTokenizedStockExemptionAsSoonAsFriday