$VELVET High-Risk Reversal Setup ๐
Entry: 0.1200โ0.1300
๐ฏ TP1: 0.1800
๐ฏ TP2: 0.3000
๐ฏ TP3: 0.6640
๐ SL: 0.0890
Reason: $VELVET experienced a massive capitulation move and is now stabilizing near the lows. Price is forming a base around the 0.12 area, while selling pressure appears to be fading. If buyers reclaim momentum, a relief rally toward higher resistance zones could develop quickly due to the oversold conditions.
Long and Trade $VELVET here ๐
Entry: 0.1200โ0.1300
๐ฏ TP1: 0.1800
๐ฏ TP2: 0.3000
๐ฏ TP3: 0.6640
๐ SL: 0.0890
Reason: $VELVET experienced a massive capitulation move and is now stabilizing near the lows. Price is forming a base around the 0.12 area, while selling pressure appears to be fading. If buyers reclaim momentum, a relief rally toward higher resistance zones could develop quickly due to the oversold conditions.
Long and Trade $VELVET here ๐
