$VELVET is trying to bounce after finding support around 0.0670.
Price recovered back toward 0.0820, then pulled down to the 0.0760 area. The latest candle is showing some buying interest, but I’d want to see 0.0790 reclaimed before expecting another push.
Entry: 0.0765 – 0.0780
TP: 0.0805 / 0.0825 / 0.0850
SL: 0.0745
If 0.0765 holds, the recovery can continue. Lose 0.0745 and I’d step aside.
NFA. Manage risk.
Trade Here On $VELVET 👇
Price recovered back toward 0.0820, then pulled down to the 0.0760 area. The latest candle is showing some buying interest, but I’d want to see 0.0790 reclaimed before expecting another push.
Entry: 0.0765 – 0.0780
TP: 0.0805 / 0.0825 / 0.0850
SL: 0.0745
If 0.0765 holds, the recovery can continue. Lose 0.0745 and I’d step aside.
NFA. Manage risk.
Trade Here On $VELVET 👇
