$VELVET — Early Bullish Expansion After Breakout Retest 🚀
$VELVET broke above the $0.064–$0.070 consolidation zone and is now retesting it as support. Buyers are defending higher lows, confirming a shift from accumulation to early-stage expansion.
Long Setup
Entry Zone (EP): $0.072 – $0.076
Stop Loss (SL): Below $0.064
Targets (TP):
• TP1: $0.095
• TP2: $0.12
• TP3: $0.16
Holding above $0.072–$0.076 validates continuation bias. Shallow pullbacks show minimal selling pressure, while liquidity clusters at $0.095, $0.12, and $0.16 provide logical upside targets.
Maintain disciplined risk management — early momentum buyers are active, but confirm support before scaling positions.
#VELVET #Bullish #BreakoutRetest #CryptoTrading #MomentumSetup
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