$VELVET Update – 528% Profit and Still Moving
A few days ago, I shared a $VELVET long setup around 0.174. Since then, the move has been extraordinary. Price has already reached 0.4236, delivering more than 528% profit on 10x leverage, while the final target at 0.50 remains unfilled.
I know many traders are feeling tempted after seeing this rally, but this is exactly where discipline becomes more important than excitement.
Current Technical Structure:
🔸 The overall trend remains strongly bullish across multiple timeframes.
🔹 Price is trading above MA25, MA99, and MA200
🔸 MACD remains bullish