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$VELVET | 1h | Breakout Retest Long
Bias: Long
Entry Zone: 0.4850 to 0.5180
Stop Loss: 0.4380
Targets:
TP1: 0.5750
TP2: 0.6460
TP3: 0.7320
Invalidation:
Close below 0.4380
Why This Setup:
I’m watching a reclaim of the 0.50 area after a sharp selloff and base formation above 0.40. Price is compressing under recent resistance, and a clean break back through the local highs could trigger a continuation toward the prior supply zone.
#GateSquareMayTradingShare