Momentum is shifting as price retreats from recent highs, testing local demand zones. Traders are watching to see if buyers can defend the current structural support.
$VELVET – LONG
Entry: 0.1075–0.1080
SL: 0.1025
TP1: 0.1110
TP2: 0.1130
TP3: 0.1150
The market is showing a retracement into a key liquidity pool following a strong impulse phase. Holding the recent swing low area keeps the bullish market structure intact for a continuation toward upper resistance levels.
$VELVET – LONG
Entry: 0.1075–0.1080
SL: 0.1025
TP1: 0.1110
TP2: 0.1130
TP3: 0.1150
The market is showing a retracement into a key liquidity pool following a strong impulse phase. Holding the recent swing low area keeps the bullish market structure intact for a continuation toward upper resistance levels.
