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$VELVET (1h) - Momentum Breakout Long
Bias: Long
Entry (Zone): 0.1108 - 0.1120
Targets:
TP1: 0.1138
TP2: 0.1157
TP3: 0.1190
Stop Loss: 0.1089
Why this Setup:
I’m watching the breakout continuation after the clean push above the recent range, and I want to buy a brief retest instead of chasing strength. The structure still favors upside while price holds above the breakout base, and I expect momentum to extend into the next resistance bands.
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