$VELVET looks ready for another explosive move as buyers continue defending the key support zone. Price is holding firm, momentum is building, and bulls appear to be preparing for the next leg higher. A breakout above resistance could trigger a strong rally toward higher targets.
Trade Setup
EP: $0.49 – $0.51
TP1: $0.58
TP2: $0.65
SL: $0.45
The structure remains bullish while support holds. Watch for increasing volume as confirmation of the next move.