🚀 $VELVET /USDT Trade Setup Alert 🚀
📈 Timeframe: 1H
💰 Current Price: 0.4552 USDT
🔥 Strong bullish momentum with consecutive green candles and price trading above the middle Bollinger Band.
📊 Long Setup
✅ Entry Zone: 0.4450 – 0.4550
🎯 Targets:
TP1: 0.4700
TP2: 0.4900
TP3: 0.5200
🛑 Stop Loss: 0.4250
⚠️ Technical Overview
RSI at 85+ indicates strong momentum but also overbought conditions.
Bollinger Bands expanding, showing increased volatility.
Buyers remain in control as long as price holds above 0.4250.
🔴 Short Setup (Only on Rejection)
❌ Entry below: 0.4250 🎯 Targets:
0.4000
0.3800
0.3500
🛑 Stop Loss: 0.4450
⚡ Trade smart, manage risk, and never risk more than you can afford to lose.
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