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$VELVET | 1h | Range Reversal Long
Bias: Long
Entry Zone: 0.1158 to 0.1166
Stop Loss: 0.1129
Targets:
TP1: 0.1198
TP2: 0.1224
TP3: 0.1256
Invalidation:
Close below 0.1129
Why This Setup:
I’m looking for a bounce from the current mid-range support after repeated defenses around 0.115. The structure is still range-bound, and I want a reclaim of local resistance for continuation toward the prior highs.
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