🚀 $VELVET LONG — Waiting for the Breakout! 🟢🔥
$VELVET
remains bullish overall, trading above the 4H SuperTrend. But the breakout still needs confirmation. 👀📈
The key trigger is a clean break above $1.05 with strong volume. Until then, patience is the play. ⚡
📍 Entry Trigger: Above $1.05 + volume confirmation
🛑 Stop Loss: $1.00
🎯 TP1: $1.10
🎯 TP2: $1.15
🎯 TP3: $1.20
📊 4H Trend: Bullish
📊 4H RSI: Neutral
⚠️ Funding: High at 0.0627%
📉 15M SuperTrend: Price still below it
The setup offers an estimated Risk/Reward of 1:3.5, but confirmation is essential before entering. 🔥
Will $VELVET break $1.05 and start the next move higher? 🚀👀
$VELVET
remains bullish overall, trading above the 4H SuperTrend. But the breakout still needs confirmation. 👀📈
The key trigger is a clean break above $1.05 with strong volume. Until then, patience is the play. ⚡
📍 Entry Trigger: Above $1.05 + volume confirmation
🛑 Stop Loss: $1.00
🎯 TP1: $1.10
🎯 TP2: $1.15
🎯 TP3: $1.20
📊 4H Trend: Bullish
📊 4H RSI: Neutral
⚠️ Funding: High at 0.0627%
📉 15M SuperTrend: Price still below it
The setup offers an estimated Risk/Reward of 1:3.5, but confirmation is essential before entering. 🔥
Will $VELVET break $1.05 and start the next move higher? 🚀👀