$VELVET /USDT — LONG

Entry: 0.11654 – 0.11724

SL: 0.11257

Targets:

TP1: 0.12013

TP2: 0.12229

TP3: 0.12553

Setup Overview: • 15m RSI at 37.24 signals oversold conditions with rebound potential.

• Daily structure remains range-bound, favoring a mean reversion move over a breakout setup.

• Momentum squeeze building on the 4H timeframe.

Will buyers defend the range and push price toward TP1, or does consolidation continue first?

Trade 👇

$VELVET

VELVETBSC
VELVETUSDT
0.09359
-8.19%