ASSET: $VELVET /USDT
🟢 DIRECTION: LONG — LONG POSITION
📈 TREND: Rebound from the bottom after an 88% drop from the $5.40 ATH, forming a base at $0.56, bouncing off MA99, with increasing volume on recovery.
🎯 Entry: 0.6200 – 0.6500 USDT
🛑 Stop Loss: 0.5800 USDT
Key Levels:
🟢 TP1 0.690 — break of local resistance
🟢 TP2 0.730 — previous supply zone
🟢 TP3 0.800 — deep take-profit, macro resistance
⚪ Resistance 0.680 — nearest strong resistance
⚪ MA99 0.660 — long-term dynamic support
⚪ Support 0.600 — key protection level
⚠️ «Not financial advice.»$VELVET
🟢 DIRECTION: LONG — LONG POSITION
📈 TREND: Rebound from the bottom after an 88% drop from the $5.40 ATH, forming a base at $0.56, bouncing off MA99, with increasing volume on recovery.
🎯 Entry: 0.6200 – 0.6500 USDT
🛑 Stop Loss: 0.5800 USDT
Key Levels:
🟢 TP1 0.690 — break of local resistance
🟢 TP2 0.730 — previous supply zone
🟢 TP3 0.800 — deep take-profit, macro resistance
⚪ Resistance 0.680 — nearest strong resistance
⚪ MA99 0.660 — long-term dynamic support
⚪ Support 0.600 — key protection level
⚠️ «Not financial advice.»$VELVET