$VELVET USDT Bullish Continuation Setup โ Break Above Resistance Could Fuel Next Leg Up ๐
Trade Setup: Long
Entry zone: 0.1250 โ 0.1260
Tp1: 0.1300
Tp2: 0.1366
Tp3: 0.1400
SL: 0.1208
Price is holding near its intraday high after a strong +25% impulsive move, showing buyers are still defending the breakout zone. If momentum sustains above 0.1250, continuation toward higher liquidity levels becomes likely.
Volume remains elevated, suggesting accumulation rather than distribution, and any clean breakout above 0.126 resistance could trigger another expansion phase.
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