đ $VELVET USDT Breaking Out â Bullish Momentum Building! Long Setup + Forecast Inside!
$VELVET is showing serious strength right now on Binance Futures!
Last price: ~0.1209 USDT
+7.44% in the last 24h
24h High: 0.1234 | Low: 0.1099
The chart is screaming bullish reversal:
Strong bounce from the key support zone around 0.1034â0.1099
Price reclaiming above the daily Bollinger Band middle (~0.128) and pushing toward upper band
RSI(14) at ~41 climbing from oversold, RSI(6) already >52 â momentum shifting up
Stochastic showing bullish crossover with %K rising fast
Recent red candles turning into green recovery candles with solid volume spikes
This AI-powered DeFAI gem is heating up after consolidation â perfect setup for a long ride!
Trade Idea â LONG $VELVET USDT Now!
Entry: Around current levels 0.120â0.122
Take Profit: 0.135 (first target, ~+12%) â 0.155 (extended, near previous resistance)
Stop Loss: 0.116 (below recent swing low for tight risk management)
Risk-reward looks juicy â don't miss this momentum play!
DYOR & trade responsibly. Position size wisely đ„
Follow & turn đ on for more alpha calls! Let's catch these pumps together!
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