$VELVET Long 50x – Buyers are finally gaining momentum here.
VELVET is reclaiming the 0.48800–0.49120 zone, and I just entered a Long 50x Isolated position.
Trade Plan:
- Entry: 0.48800 – 0.49120
- TP1: 0.50100 (R:R 1:0.7)
- TP2: 0.50850 (R:R 1:1.2)
- TP3: 0.51990 (R:R 1:2.0)
- SL: 0.47440
Why this setup?
- The 4h long setup remains active, with daily structure still bullish as price bounces from 0.48800–0.49120 near 0.48960.
- The 15m RSI sits at 57, leaving room for buyers to push higher.
- 15m volume is at 0.07x, with 2.75K traded versus 41.43K expected, confirming real buy-side participation.
My call. Your execution.
Trade here 👇 and Comment your view on this setup, and I’ll break it down for you.
VELVET is reclaiming the 0.48800–0.49120 zone, and I just entered a Long 50x Isolated position.
Trade Plan:
- Entry: 0.48800 – 0.49120
- TP1: 0.50100 (R:R 1:0.7)
- TP2: 0.50850 (R:R 1:1.2)
- TP3: 0.51990 (R:R 1:2.0)
- SL: 0.47440
Why this setup?
- The 4h long setup remains active, with daily structure still bullish as price bounces from 0.48800–0.49120 near 0.48960.
- The 15m RSI sits at 57, leaving room for buyers to push higher.
- 15m volume is at 0.07x, with 2.75K traded versus 41.43K expected, confirming real buy-side participation.
My call. Your execution.
Trade here 👇 and Comment your view on this setup, and I’ll break it down for you.