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$VELVET (1h) - Breakout Retest Long
Bias: Long
Entry (Zone): 0.394 - 0.410
Targets:
TP1: 0.430
TP2: 0.446
TP3: 0.466
Stop Loss: 0.378
Why this Setup:
I’m looking for continuation after the strong impulse and consolidation around the 0.40 area. I want a retest hold in the entry zone so I can ride the next leg toward the recent highs and extension levels.