$VELVET is attempting a recovery after bouncing strongly from the $0.6861 support zone. 📈
Price is now trading around $0.7027, but the $0.706–$0.710 area remains the key resistance to watch.
🔥 Trade Setup: Entry: $0.699–$0.703
🎯 TP1: $0.710
🎯 TP2: $0.718
🎯 TP3: $0.730
🛑 SL: $0.685
A clean break above $0.710 could bring buyers back into control. I’m watching for confirmation before expecting the next move higher.$VELVET
Price is now trading around $0.7027, but the $0.706–$0.710 area remains the key resistance to watch.
🔥 Trade Setup: Entry: $0.699–$0.703
🎯 TP1: $0.710
🎯 TP2: $0.718
🎯 TP3: $0.730
🛑 SL: $0.685
A clean break above $0.710 could bring buyers back into control. I’m watching for confirmation before expecting the next move higher.$VELVET