$VELVET is compressing into a high-level consolidation pattern following a sharp rebound — bulls are attempting to secure the upper range.
Entry: 0.6550 – 0.6690
TP1: 0.7010
TP2: 0.7450
TP3: 0.8000
SL: 0.6180
Price action is coiling tightly below the local resistance. Defending the 0.6400 support zone keeps this bullish continuation pattern intact; breaking beneath could trigger a retest of lower demand zones.
Structure remains constructive — wait for a decisive push above resistance before increasing risk.

Trade #Velvet here
$BTW
$HEMI