Set a long VELVETUSDT for TP3 touch 🎯 Volatility increases +8.41% on Spot within about 6 hours. As usual, manage your risk and adjust your position size accordingly.
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HuuTruong
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BullishVELVET is not a reversal play; it’s a continuation trade following a long bias.
🟢 $VELVET /USDT | Bias: LONG | Confidence 87%
H: Why go long when the daily trend is declining?
Đ: The 1h price is moving sideways around 0.0524000, and the tail end is slipping down (weak short tail) at 0.7.
H: Where did you enter?
Đ: Within 0.0522990 to 0.0525010, using the 4h timeframe to determine the trend.
H: When is this trade wrong?
Đ: If price hits 0.0591380 or breaks down below 0.0501978 (stop), then the setup is invalid.
📍 Entry: 0.0522990 – 0.0525010
🎯 TP1: 0.0540517 | TP2: 0.0551528 | TP3: 0.0568045
🛑 SL: 0.0501978
Your turn:
What entry price would you take, or how would you set your stop, if you’re on the opposite side of VELVET?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and do your own research (DYOR).
Educational content only, not investment advice or a recommendation to buy, sell, deposit, or withdraw any assets. No paid promotion or referral/affiliate links.
🟢 $VELVET /USDT | Bias: LONG | Confidence 87%
H: Why go long when the daily trend is declining?
Đ: The 1h price is moving sideways around 0.0524000, and the tail end is slipping down (weak short tail) at 0.7.
H: Where did you enter?
Đ: Within 0.0522990 to 0.0525010, using the 4h timeframe to determine the trend.
H: When is this trade wrong?
Đ: If price hits 0.0591380 or breaks down below 0.0501978 (stop), then the setup is invalid.
📍 Entry: 0.0522990 – 0.0525010
🎯 TP1: 0.0540517 | TP2: 0.0551528 | TP3: 0.0568045
🛑 SL: 0.0501978
Your turn:
What entry price would you take, or how would you set your stop, if you’re on the opposite side of VELVET?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and do your own research (DYOR).
Educational content only, not investment advice or a recommendation to buy, sell, deposit, or withdraw any assets. No paid promotion or referral/affiliate links.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.