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$VELVET (1h) - Range Reclaim Long
Bias: Long
Entry (Zone): 0.1162 - 0.1170
Targets:
TP1: 0.1198
TP2: 0.1223
TP3: 0.1255
Stop Loss: 0.1146
Why this Setup:
I’m looking for a continuation off the recent intraday base, with price holding above the 0.116 area and reclaiming the nearby 0.118–0.120 resistance. I want a clean bounce into the upper range first, then a push toward the prior swing high if momentum follows through.
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