$VELVET Buyers Are Showing Strength, More Upside Possible
Signal Action: Long VELVET
Entry Range: 0.6800 – 0.7000
Stop Loss: 0.6400
Take Profit: TP1 0.7500 | TP2 0.8090 | TP3 0.8887
VELVET bounced strongly from 0.53 and buyers are now pushing the price near 0.70. If it breaks above 0.7063 and stays there, the next targets could be 0.75, 0.8090 and 0.8887. If price drops below 0.64, this setup may fail.
$VELVET
Signal Action: Long VELVET
Entry Range: 0.6800 – 0.7000
Stop Loss: 0.6400
Take Profit: TP1 0.7500 | TP2 0.8090 | TP3 0.8887
VELVET bounced strongly from 0.53 and buyers are now pushing the price near 0.70. If it breaks above 0.7063 and stays there, the next targets could be 0.75, 0.8090 and 0.8887. If price drops below 0.64, this setup may fail.
$VELVET