$VELVET IS CONSOLIDATING RIGHT BELOW THE BREAKOUT ZONE ๐ฅ
Entry: 1.74 โ 1.80 ๐ฅ
Target: 1.90 / 2.05 / 2.20 ๐
Stop Loss: 1.64 โ ๏ธ
The structure is textbook โ higher highs, higher lows, and price tightening under resistance after a strong rally. Buyers are stacked on the bid, and a clean push above the recent high should trigger the next impulsive leg.
Volume is picking up on the shorter timeframes, and the last two retests of this zone were bought within minutes. Are you waiting for the breakout or entering early?
Not financial advice. Always manage your risk.
#VELVET #LongSetup #Breakout #Crypto
๐ฅ
Entry: 1.74 โ 1.80 ๐ฅ
Target: 1.90 / 2.05 / 2.20 ๐
Stop Loss: 1.64 โ ๏ธ
The structure is textbook โ higher highs, higher lows, and price tightening under resistance after a strong rally. Buyers are stacked on the bid, and a clean push above the recent high should trigger the next impulsive leg.
Volume is picking up on the shorter timeframes, and the last two retests of this zone were bought within minutes. Are you waiting for the breakout or entering early?
Not financial advice. Always manage your risk.
#VELVET #LongSetup #Breakout #Crypto
๐ฅ