$VELVET Ready for the Next Breakout
After a massive drop, $VELVET spent a long time building a strong base. Now price is showing recovery signs with buyers stepping back in from the support zone.
If bulls continue to defend this area, we could see the next leg up toward previous resistance levels and a fresh higher high.
Trade Setup: LONG | with Max 20x Leverage
Entry Zone: 0.0560 – 0.0575
DCA: 0.0540 / 0.0520
SL: 0.0490
🎯 TP1: 0.0600
🎯 TP2: 0.0650
🎯 TP3: 0.0748
Key level: Holding above 0.0520 keeps the bullish recovery structure valid. A breakout above 0.0600 can accelerate the move.
Trade here on $VELVET
After a massive drop, $VELVET spent a long time building a strong base. Now price is showing recovery signs with buyers stepping back in from the support zone.
If bulls continue to defend this area, we could see the next leg up toward previous resistance levels and a fresh higher high.
Trade Setup: LONG | with Max 20x Leverage
Entry Zone: 0.0560 – 0.0575
DCA: 0.0540 / 0.0520
SL: 0.0490
🎯 TP1: 0.0600
🎯 TP2: 0.0650
🎯 TP3: 0.0748
Key level: Holding above 0.0520 keeps the bullish recovery structure valid. A breakout above 0.0600 can accelerate the move.
Trade here on $VELVET
