$VELVET - MOMENTUM TRADE PLAN 🚀
Clean breakout, good structure.
ANALYSIS:
Perfect cup breakout. Consolidated at $0.048-$0.049 for 12h, then volume spike 38.8M -> $0.05647. Now retesting high after small pullback to $0.052. EMA20 catching up = healthy.
$VELVET LONG SETUP
Bias: Long - Continuation
Entry:
Entry 1: $0.05480 - $0.05560 (Current retest)
Entry 2: $0.05177 (EMA20) - Golden add
DCA: $0.04989 (EMA50) - Last defense
Stop Loss:
SL: $0.04850 (-12.7% from current) - Below EMA50 + 24h low area
Targets:
TP1: $0.05647 (24h High) +1.5% - Quick
TP2: $0.06000 +7.9%
TP3: $0.06500 +16.9% 🚀
TP4: $0.07000 +25.9% - Moon
Risk/Reward: 1:2.8
Invalidation: Lose $0.04850 = Exit, trend failed
Clean breakout, good structure.
ANALYSIS:
Perfect cup breakout. Consolidated at $0.048-$0.049 for 12h, then volume spike 38.8M -> $0.05647. Now retesting high after small pullback to $0.052. EMA20 catching up = healthy.
$VELVET LONG SETUP
Bias: Long - Continuation
Entry:
Entry 1: $0.05480 - $0.05560 (Current retest)
Entry 2: $0.05177 (EMA20) - Golden add
DCA: $0.04989 (EMA50) - Last defense
Stop Loss:
SL: $0.04850 (-12.7% from current) - Below EMA50 + 24h low area
Targets:
TP1: $0.05647 (24h High) +1.5% - Quick
TP2: $0.06000 +7.9%
TP3: $0.06500 +16.9% 🚀
TP4: $0.07000 +25.9% - Moon
Risk/Reward: 1:2.8
Invalidation: Lose $0.04850 = Exit, trend failed
