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$VELVET (1h) - Mean Reversion Long
Bias: Long
Entry (Zone): 0.0952 - 0.0960
Targets:
TP1: 0.0972
TP2: 0.0988
TP3: 0.1010
Stop Loss: 0.0927
Why this Setup:
I’m looking for a continuation bounce after the recent selloff, since price is still holding near the local support area on the 1h chart. The move has room to mean-revert first into the nearby resistance band, and I’d rather buy the dip here than chase strength higher.
#GateSquareMayTradingShare