$VELVET
Market Event: A short squeeze triggered after price reclaimed mid-range resistance.
Momentum Implication: Momentum favors continuation as shorts unwind positions.
Levels:
• Entry Price (EP): 0.092–0.095
• Trade Target 1 (TG1): 0.102
• Trade Target 2 (TG2): 0.110
• Trade Target 3 (TG3): 0.118
• Stop Loss (SL): 0.088