$VELVET Long Setup — Strong Uptrend Continuation
Entry: 1.58 – 1.68
SL: 1.35
TP1: 1.90
TP2: 2.15
TP3: 2.50
VELVET is currently trading around 1.65 after a massive +106% rally, maintaining a strong bullish structure. The token is consolidating below the recent 2.11 high, which often acts as a launchpad for another breakout attempt if buying pressure remains strong.
As long as price holds above 1.55 support, bulls remain in control and a move toward 1.90–2.15 is likely.
A breakout above 2.12 could trigger rapid price expansion toward the 2.50 area.
A breakdown below 1.35 would invalidate the bullish setup and suggest a deeper correction after the parabolic run.
#VELVET #CryptoSignal $VELVET
Entry: 1.58 – 1.68
SL: 1.35
TP1: 1.90
TP2: 2.15
TP3: 2.50
VELVET is currently trading around 1.65 after a massive +106% rally, maintaining a strong bullish structure. The token is consolidating below the recent 2.11 high, which often acts as a launchpad for another breakout attempt if buying pressure remains strong.
As long as price holds above 1.55 support, bulls remain in control and a move toward 1.90–2.15 is likely.
A breakout above 2.12 could trigger rapid price expansion toward the 2.50 area.
A breakdown below 1.35 would invalidate the bullish setup and suggest a deeper correction after the parabolic run.
#VELVET #CryptoSignal $VELVET