$VELVET USDT$ is showing strong bullish momentum on the 5-minute chart, with a clean breakout after a prolonged consolidation phase. Price has shifted structure from lower highs to higher highs, backed by increasing volume—indicating buyers are stepping in with confidence. The recent push above resistance suggests continuation potential if momentum sustains. VELVETUSDT$ is now approaching a key zone where a minor pullback or continuation breakout could offer an ideal entry opportunity for scalpers and intraday traders.

The trend remains bullish as long as price holds above the breakout zone.

Volume expansion confirms strength, reducing chances of fake breakout.

Trade Setup:

Entry: 0.0632 – 0.0640

Target: 0.0655 / 0.0670

Stop Loss: 0.0618

VELVETUSDT

دائم

0.06405

+1.37%