$VELVET PULLBACK OPENS A NEW OPPORTUNITY FOR SWING TRADERS 🎯
Entry: $1.60–$1.65 🔥
Target: $1.80 / $2.00 🚀
Stop Loss: Below $1.50 ⚠️
Volume on the 1H chart is declining as price retraces, suggesting sellers are losing conviction. The $1.60–$1.65 zone aligns with a prior order block that triggered the last 25% rally. A clean hold here sets up a 1:2 risk-to-reward on the first target alone.
This structure favors patience — are you bidding at this dip or waiting for a deeper sweep?
Not financial advice. Always manage your risk.
#VELVET #Pullback #SwingTrade #CryptoSetup
🎯
Entry: $1.60–$1.65 🔥
Target: $1.80 / $2.00 🚀
Stop Loss: Below $1.50 ⚠️
Volume on the 1H chart is declining as price retraces, suggesting sellers are losing conviction. The $1.60–$1.65 zone aligns with a prior order block that triggered the last 25% rally. A clean hold here sets up a 1:2 risk-to-reward on the first target alone.
This structure favors patience — are you bidding at this dip or waiting for a deeper sweep?
Not financial advice. Always manage your risk.
#VELVET #Pullback #SwingTrade #CryptoSetup
🎯