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$VELVET | 1h | Breakout Retest Long
Bias: Long
Entry Zone: 0.4800 to 0.4920
Stop Loss: 0.4480
Targets:
TP1: 0.5200
TP2: 0.5480
TP3: 0.6000
Invalidation:
Close below 0.4480
Why This Setup:
I’m seeing price holding above the 0.48 support after a sharp impulsive move and pullback, which keeps the bullish structure intact. If buyers defend this zone and reclaim 0.50, I expect continuation toward the prior liquidity highs.
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