$VELVET absolutely ripping, +64% in a few hours, from 0.42 to a high of 0.89 before getting rejected hard back to 0.74 đ„
Key levels Iâm watching
đč Resistance: 0.81 - 0.89 zone (where it got rejected)
đč Support: 0.70 - 0.71 (current base holding)
đč Below 0.70 â likely fills back toward 0.60 zone
This is a fresh volatile pair, huge wicks both directions already. Position size small if trading it, and always set your own SL based on your risk, not mine.
Not financial advice, just sharing the chart structure đ€
Key levels Iâm watching
đč Resistance: 0.81 - 0.89 zone (where it got rejected)
đč Support: 0.70 - 0.71 (current base holding)
đč Below 0.70 â likely fills back toward 0.60 zone
This is a fresh volatile pair, huge wicks both directions already. Position size small if trading it, and always set your own SL based on your risk, not mine.
Not financial advice, just sharing the chart structure đ€