Trade Setup: $VELVET / USDT (Long)
$VELVET is consolidating at macro support, offering a high-probability mean-reversion opportunity.
Entry Zone: 0.110 – 0.112
Take Profit 1: 0.1175
Take Profit 2: 0.1227
Stop Loss: 0.1056
Risk Note: The overall trend remains bearish.
A breakdown below key support will invalidate the thesis and target lower lows. Keep position sizing conservative.
Ride the wave from here👇
$VELVET is consolidating at macro support, offering a high-probability mean-reversion opportunity.
Entry Zone: 0.110 – 0.112
Take Profit 1: 0.1175
Take Profit 2: 0.1227
Stop Loss: 0.1056
Risk Note: The overall trend remains bearish.
A breakdown below key support will invalidate the thesis and target lower lows. Keep position sizing conservative.
Ride the wave from here👇
