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Bullish

$VELVET LONG


Entry Zone: $0.410–$0.425

Stop-Loss: $0.395

TP1: $0.455

TP2: $0.490

TP3: $0.525


VELVET is showing strong momentum, with recent short liquidations indicating aggressive upside positioning and a possible squeeze environment. The $0.41–$0.425 area is the key retest zone; holding it would preserve the higher-low structure and leave room for another expansion toward $0.50+. Avoid chasing if price becomes extended.


Invalidation: A decisive break below $0.395 cancels the long setup.


$VELVET


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coin
VELVET/USDT
Perp
0.05847
-1.69%

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