$VELVET — LONG
Entry: 0.1080 - 0.1100
TP1: 0.1160
TP2: 0.1250
TP3: 0.1350
SL: 0.1020
Analysis:
Price washed out -21.33% today from 0.1585 to 0.1069. Now holding near 24h low 0.1069 with volume drying up. Looking for bounce play. Break above 0.1145 can squeeze back to 0.1250 - 0.1350 zone. News already dumped.
Risk: Invalidation on 1h close below SL 0.1020. This is a knife-catch. Very risky and illiquid. Size extremely small. Book 50% at TP1 and move SL to BE.
NFA $VELVET
Entry: 0.1080 - 0.1100
TP1: 0.1160
TP2: 0.1250
TP3: 0.1350
SL: 0.1020
Analysis:
Price washed out -21.33% today from 0.1585 to 0.1069. Now holding near 24h low 0.1069 with volume drying up. Looking for bounce play. Break above 0.1145 can squeeze back to 0.1250 - 0.1350 zone. News already dumped.
Risk: Invalidation on 1h close below SL 0.1020. This is a knife-catch. Very risky and illiquid. Size extremely small. Book 50% at TP1 and move SL to BE.
NFA $VELVET