🎯 $VELVET LONG SETUP

( Once you are in profit close fully never wait for TP to hit market sentiment can change at any time)

Current Price: 0.9111
24h Change: +86.64%


📈 Trade Plan:
Entry Zone: 0.67896 — 0.9111
Stop Loss: 0.50100
Target 1: 1.0171
Target 2: 1.0884
Risk:Reward: 0.2

What the structure says:

• Timeframe Alignment: Strong (LONG on 4 confluence factors)
• 15m: Bullish (RSI 82.9) | 1h: Bullish (RSI 85.1) | 4h: Bullish
• 1h Structure: HH/HL | 4h Structure: HH/HL
• 1d Trend: Bullish | Structure: HH/HL
• Volume: 3.20× average (institutional participation)
• Funding: 0.0378% (Slightly Positive)
• Long/Short Ratio: 1.07
• Taker Volume: Buyers dominant

📊 Key Levels:

• Support: 0.50200 (1h) / 0.38150 (4h)
• Resistance: 0.93660 (1h) / 0.93660 (4h)
• ATR (1h): 0.04754 (5.16% vol)

🛑 Invalidation:

Close below 0.50200 (1h swing low)

⚠️ Risk Notes:

• 1h RSI overbought (85.1)
• Only risk 1-2% of portfolio per trade
• Position size = (1% account) / (Entry - Stop)
DYOR as well
💡 Not every day gives a setup like this. When it does, size appropriately.

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Trade here: $VELVET

#Velvet #Binance #futures #cryptotrading #TechnicalAnalysis