$VELVET /USDT — 15M Trading Setup
VELVET is trying to bounce after a strong downtrend. The 0.10164 area is acting as the main support, so this is a high-risk reversal setup.
Trade Plan: LONG
EP: 0.10220 – 0.10250
SL: 0.10155
TP1: 0.10320
TP2: 0.10390
TP3: 0.10460
Pro Tip: Don’t enter just because price is bouncing. Wait for a 15M candle to hold above 0.10220. If 0.10164 breaks strongly, cancel the long setup instead of forcing the trade.
Key Support: 0.10164
Key Resistance: 0.10320–0.10390
Based on the provided chart only; trading involves risk and these levels are not guaranteed.
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