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$VELVET (1h) - Swing Long
Bias: Long
Entry (Zone): 0.4560 - 0.4680
Targets:
TP1: 0.4970
TP2: 0.5250
TP3: 0.5600
Stop Loss: 0.4320
Why this Setup:
I see a constructive pullback holding above the recent breakout area, and I want to buy the retest rather than chase strength. If price reclaims the upper mid-range cleanly, I expect continuation toward the prior swing highs with room for a push into the next resistance band.