š VELVETUSDT 4H Market Update
ā¢ Trend: Bullish
ā¢ SMA (20): 0.508035
ā¢ Support: 0.421
ā¢ Resistance: 0.8887
ā¢ Current Price: 0.5954
š Strategy:
Price is trading above the 20 SMA in a discount zone, indicating strong bullish structure. The 4H swing low at 0.421 provides a solid support floor, while the resistance at 0.8887 remains the key target. With a 1:1.5 risk/reward setup, a long entry at 0.5954 with SL at 0.577538 and TP at 0.622193 aligns with the current momentum. Look for confirmation of a break above the immediate resistance to add positions.
š Don't forget to follow for more updates! & Your Future Eye
ā ļø Not financial advice - always DYOR.
Click Here To Trade š
ā¢ Trend: Bullish
ā¢ SMA (20): 0.508035
ā¢ Support: 0.421
ā¢ Resistance: 0.8887
ā¢ Current Price: 0.5954
š Strategy:
Price is trading above the 20 SMA in a discount zone, indicating strong bullish structure. The 4H swing low at 0.421 provides a solid support floor, while the resistance at 0.8887 remains the key target. With a 1:1.5 risk/reward setup, a long entry at 0.5954 with SL at 0.577538 and TP at 0.622193 aligns with the current momentum. Look for confirmation of a break above the immediate resistance to add positions.
š Don't forget to follow for more updates! & Your Future Eye
ā ļø Not financial advice - always DYOR.
Click Here To Trade š