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$VELVET is still holding the trend floor.
Long
Entry: 0.1158 - 0.1170
Stop-loss: 0.1119
TP1: 0.1219
TP2: 0.1248
TP3: 0.1291
I like this while price keeps defending the 0.115 - 0.116 area. The move already pushed hard once, but buyers are still trying to build a higher low instead of giving it all back. Clean reclaim above 0.118 pushes this back toward the highs.