$VELVET 1 hours +4.98%, current price 0.07694. If you're itching to chase the price, ask yourself three questions first:
① It hasn't broken above the 24-hour high of 0.07743 yet. Is the risk/reward ratio good enough?
② This move is a sudden surge. What will you do if a pullback comes?
③ Have you decided where your exit is?
Only make a move once you have answers to all three. If you can't answer them, it's better to wait a little longer.
#VELVET
① It hasn't broken above the 24-hour high of 0.07743 yet. Is the risk/reward ratio good enough?
② This move is a sudden surge. What will you do if a pullback comes?
③ Have you decided where your exit is?
Only make a move once you have answers to all three. If you can't answer them, it's better to wait a little longer.
#VELVET