$VELVET Long 10x | Demand retest active, risk stays locked.
VELVET has finally stepped into the demand pocket I mapped out for this move. I am not buying strength here; the zone itself is doing the risk-defining work.
Trade Plan:
- Entry: 0.71440 – 0.72240
- TP1: 0.75560 (R:R 1:0.7)
- TP2: 0.78050 (R:R 1:1.3)
- TP3: 0.81770 (R:R 1:2.0)
- SL: 0.66880
Why this setup?
- The 4h structure still supports a long, with a bullish 1D bias and price holding the 0.71440–0.72240 band near 0.71840.
- 15m RSI at 25 tells me momentum is washed out, not broken, so a rebound is still on the table if buyers step in.
- Volume is not faking it: 5.14x pace, 818.69K traded versus 159.25K expected, which points to real bid-side interest.
My call. Your execution..
Trade here 👇 and Do you trust the mapped zone enough to take the long now, or do you wait for a cleaner confirmation candle?
VELVET has finally stepped into the demand pocket I mapped out for this move. I am not buying strength here; the zone itself is doing the risk-defining work.
Trade Plan:
- Entry: 0.71440 – 0.72240
- TP1: 0.75560 (R:R 1:0.7)
- TP2: 0.78050 (R:R 1:1.3)
- TP3: 0.81770 (R:R 1:2.0)
- SL: 0.66880
Why this setup?
- The 4h structure still supports a long, with a bullish 1D bias and price holding the 0.71440–0.72240 band near 0.71840.
- 15m RSI at 25 tells me momentum is washed out, not broken, so a rebound is still on the table if buyers step in.
- Volume is not faking it: 5.14x pace, 818.69K traded versus 159.25K expected, which points to real bid-side interest.
My call. Your execution..
Trade here 👇 and Do you trust the mapped zone enough to take the long now, or do you wait for a cleaner confirmation candle?