📊 $VELVET USDT Trade Setup
VELVET is showing positive momentum, but I wouldn't chase the green candle without confirmation. The important thing now is whether buyers can hold the current price area.
Market condition: Short-term recovery attempt; trend confirmation is still needed.
📍 EP: 0.0725–0.0732
🎯 TP1: 0.0755
🎯 TP2: 0.0775
🛑 SL: 0.0705
My strategy: I would look for a pullback that holds support before entering long. If price loses the entry area's support, I would avoid forcing the trade.
Patience matters more than catching every move. Always manage risk, especially on perpetual futures.
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