$VELVET Long Setup
$VELVET is pulling back after rejection from 0.06283, but price is holding near the key 0.0577–0.0580 support zone. A bounce from this area could send price back toward the recent resistance levels.
Trade Plan:
Bias: LONG
Entry: 0.0578 – 0.0586
TP1: 0.0599
TP2: 0.0615
TP3: 0.0628
SL: 0.0568
Confirmation above 0.0590 would strengthen the setup. If 0.0577 breaks decisively, the long idea becomes weaker.
Never go all-in. size the position accordingly. DYOR / NFA.$VELVET
#NEARRisesNearly80%InAWeek #MultiversXPlansHardForkRecovery #CircleLaunchesInstitutionalBTCBackedBorrowing #ECBStartsBlockchainEuroSettlement #ZetaChainVotesToMigrateZETAToSolana
$VELVET is pulling back after rejection from 0.06283, but price is holding near the key 0.0577–0.0580 support zone. A bounce from this area could send price back toward the recent resistance levels.
Trade Plan:
Bias: LONG
Entry: 0.0578 – 0.0586
TP1: 0.0599
TP2: 0.0615
TP3: 0.0628
SL: 0.0568
Confirmation above 0.0590 would strengthen the setup. If 0.0577 breaks decisively, the long idea becomes weaker.
Never go all-in. size the position accordingly. DYOR / NFA.$VELVET
#NEARRisesNearly80%InAWeek #MultiversXPlansHardForkRecovery #CircleLaunchesInstitutionalBTCBackedBorrowing #ECBStartsBlockchainEuroSettlement #ZetaChainVotesToMigrateZETAToSolana
