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$VELVET (1h) - Bullish Breakout Continuation
Bias: Long
Entry (Zone): 0.432 - 0.446
Targets:
TP1: 0.465
TP2: 0.492
TP3: 0.525
Stop Loss: 0.410
Why this Setup:
I am looking for a continuation move after the strong breakout and momentum expansion on the 1h chart. I want a clean hold above the breakout area, with buyers defending higher lows and pushing price toward the next resistance zones.