$VELVET Buyers Are Back in Control
LONG SETUP
Entry Zone: 0.65 – 0.68
Stop Loss: 0.58
TP1: 0.71
TP2: 0.93
TP3: 1.15
VELVET has bounced strongly from the major accumulation zone and is now reclaiming the 0.65–0.71 resistance area. A successful breakout and hold above 0.71 could accelerate the next bullish leg toward 0.93 and potentially 1.15.
Key level: 0.71
Hold above it → bullish continuation setup.
LONG SETUP
Entry Zone: 0.65 – 0.68
Stop Loss: 0.58
TP1: 0.71
TP2: 0.93
TP3: 1.15
VELVET has bounced strongly from the major accumulation zone and is now reclaiming the 0.65–0.71 resistance area. A successful breakout and hold above 0.71 could accelerate the next bullish leg toward 0.93 and potentially 1.15.
Key level: 0.71
Hold above it → bullish continuation setup.