$VELVET /USDT FLAG BREAKOUT AFTER 72% PUMP โ BULLISH CONTINUATION ๐ฅ
Entry: $1.5800 ๐ฅ
Target: $1.7200 ๐
Stop Loss: $1.4400 โ ๏ธ
Price action completed a high-volume consolidation flag following a +72.62% surge, and the green Supertrend confirms the uptrend is intact. The breakout above the flag's upper boundary brings momentum back into play with a clean risk-to-reward ratio of roughly 1:3.5 on the first target.
Volume is expanding on the breakout candle while the market respects key support at $1.4400. This is a classic continuation setup if the current level holds. Are you entering at the retest or waiting for confirmation above $1.6300?
Not financial advice. Always manage your risk.
#VELVET #Breakout #BullishContinuation #Altcoin #Crypto
๐ฅ
Entry: $1.5800 ๐ฅ
Target: $1.7200 ๐
Stop Loss: $1.4400 โ ๏ธ
Price action completed a high-volume consolidation flag following a +72.62% surge, and the green Supertrend confirms the uptrend is intact. The breakout above the flag's upper boundary brings momentum back into play with a clean risk-to-reward ratio of roughly 1:3.5 on the first target.
Volume is expanding on the breakout candle while the market respects key support at $1.4400. This is a classic continuation setup if the current level holds. Are you entering at the retest or waiting for confirmation above $1.6300?
Not financial advice. Always manage your risk.
#VELVET #Breakout #BullishContinuation #Altcoin #Crypto
๐ฅ