Momentum remains powerful, but the 15m move is heavily extended near resistance ⚡
$VELVET
ENTRY: 1.36 – 1.40
TARGETS: 1.476 – 1.55 – 1.65
STOP LOSS: 1.30
$VELVET remains above every major EMA, while positive MACD supports continuation. RSI near 74 warns against chasing at the current price.
Holding 1.36 keeps the bullish structure intact. A clean breakout above 1.476 could trigger the next expansion.
Trade Here On $VELVET 👇
$VELVET
ENTRY: 1.36 – 1.40
TARGETS: 1.476 – 1.55 – 1.65
STOP LOSS: 1.30
$VELVET remains above every major EMA, while positive MACD supports continuation. RSI near 74 warns against chasing at the current price.
Holding 1.36 keeps the bullish structure intact. A clean breakout above 1.476 could trigger the next expansion.
Trade Here On $VELVET 👇