$VELVET is retesting the key 1.02–1.04 supply/resistance zone after a sharp rejection from the highs, with sellers absorbing buying pressure around the current level.
Trading Plan — LONG $VELVET
📍 Entry: 1.025–1.040
🛑 SL: 0.995
🎯 TP1: 1.060
🎯 TP2: 1.100
🎯 TP3: 1.150