Trade setup for $VELVET 🔥

Entry: 0.485 - 0.495

Target: 0.540 🚀

Target: 0.600

Target: 0.680

Target: 0.780

Stop Loss: 0.400 ⚠️

Logic behind the setup is based on the price holding above the support area of 0.48, indicating strong interest from buyers, and the recent consolidation showing accumulation rather than distribution.

The market structure indicates a potential uptrend with higher lows, and a breakout above 0.54 could trigger new buying and accelerate the move upwards.

Not financial advice. Manage your risk.

#VELVET #LongSetup #TradeSignal

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