🚀 $VELVETUSDT Trade Setup (4H Timeframe)
📈 Bullish Momentum Continues VELVET has delivered a strong breakout with massive volume, gaining over 22% in the last 24 hours. Price is trading above key moving averages and near the upper Bollinger Band, signaling strong buyer control.
🔹 Long Setup ✅ Entry Zone: $0.148 - $0.152 🎯 Target 1: $0.160 🎯 Target 2: $0.170 🎯 Target 3: $0.185 🛑 Stop Loss: $0.140
🔹 Short Setup (If Rejection Occurs) ✅ Entry Zone: $0.158 - $0.162 🎯 Target 1: $0.145 🎯 Target 2: $0.135 🎯 Target 3: $0.125 🛑 Stop Loss: $0.168
⚠️ RSI is near overbought territory, so expect volatility and possible pullbacks before the next move.
🔥 Trade smart, manage risk, and never risk more than you can afford to lose.
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