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$VELVET Long 50x – Support is reacting exactly where it should.
VELVET is responding well from 0.48341–0.48750, so I opened Long 50x Isolated right away.
Trade Plan:
- Entry: 0.48341 – 0.48750
- TP1: 0.50020 (R:R 1:0.7)
- TP2: 0.51003 (R:R 1:1.3)
- TP3: 0.52478 (R:R 1:2.0)
- SL: 0.46579
Why this setup?
- 4h long structure is still in play, while the daily backdrop remains bullish and price holds around 0.48341–0.48750 near 0.48545.
- 15m RSI comes in at 54, showing neutral momentum that still leaves room for upside continuation.
- 15m volume is running at 1.23x, with 182.12K traded versus 148.44K expected, confirming real buy-side participation.
My call. Your execution.
Trade here 👇 and comment your entry if you're taking this one and I’ll reply.
$VELVET #MyGateTradeStory