$VELVET Long 10x | Planned zone hit, invalidation is crisp.
VELVET has finally stepped into the zone where the long thesis either proves itself or gets discarded. I am already positioned, but the moment buyers lose this level, I am out without hesitation.
Trade Plan:
- Entry: 0.43895 – 0.44231
- TP1: 0.45271 (R:R 1:0.8)
- TP2: 0.46077 (R:R 1:1.3)
- TP3: 0.47286 (R:R 1:2.0)
- SL: 0.42451
Why this setup?
- The 4h structure still supports the long, and the 1D bias stays range-bound while price grinds through 0.43895–0.44231 near 0.44063.
- On 15m, RSI sits at 56—neutral enough to allow upside room, but not a green light to chase.
- Volume tells the real story: 3.97x pace with 78.48K traded against 19.79K expected, so participation is there but not overheated.
My call. Your execution..
Trade here 👇
