$VELVET TRADE SETUP
VELVET is sitting near an important support zone after heavy selling. I’m watching for buyers to defend this area and start a recovery move.
EP: $0.108 – $0.113
SL: $0.101
TP1: $0.125
TP2: $0.135
TP3: $0.148
If VELVET reclaims $0.125 with strong volume, the momentum could accelerate toward the higher targets.
Pro Tip: This is a high-volatility coin, so keep your position size small. Never chase a sudden pump and always respect the stop loss.
Trade the setup, not the emotion.#World Liberty bank ownership #Fed Chair Warsh signals rate hike #Anthropic explores chip acquisition #Fed Chair Warsh speaks at Jackson Hole
