$VELVET
Entry: 0.1120 – 0.1160
TP1: 0.1250
TP2: 0.1320
TP3: 0.1450
SL: 0.1040
$VELVET is showing a strong recovery on the 1h chart after hitting a local bottom at 0.10577. The price has surged back up to test the 0.12000 resistance level, showing that the bulls are definitely back in the driver's seat for now. I'm feeling bullish on this setup because we’ve seen a solid volume spike during the recent upward candles, which usually signals a genuine shift in momentum rather than a fake-out. Don't let the minor rejection at the top give you FUD—it's normal for the market to breathe a bit after such a fast move up. I’m looking for a clean break and hold above 0.1200 to confirm the next leg of this rally toward our targets. Keep your eyes on the volume and manage your risk wisely as we ride this trend!
#VELVET #CryptoSignals #AltcoinSeason #TradingTips #MarketAnalysis
