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$VELVET (1h) - Bullish Continuation
Bias: Long
Entry (Zone): 0.5560 - 0.5730
Targets:
TP1: 0.6020
TP2: 0.6430
TP3: 0.6820
Stop Loss: 0.5390
Why this Setup:
I’m staying bullish here because price is still making higher highs and higher lows, and the latest impulse shows strong momentum after a clean pullback. I want to buy into the current support zone and look for continuation toward the recent extension highs as long as this structure holds.