$VELVET Breakout Analysis
Breakout Details:
- $VELVET has broken out from accumulation with strong volume confirmation.
- The bounce from the $0.17 base suggests a potential continuation of the uptrend.
Trading Plan:
- Entry Zone: $0.23-$0.24
- Targets:
- $0.26
- $0.28
- $0.31
- Stop Loss: $0.21
Market Outlook:
- Momentum looks healthy, and the structure is clean, supporting a breakout continuation.
- Early entries during accumulation can be profitable.
VELVETUSDT
Perp
0.18712
-6.22%
