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Momentum is resetting while the bullish structure remains intact ⚡
$VELVET
ENTRY: 0.4920 – 0.5000
TARGETS: 0.5065 – 0.5249 – 0.5400
STOP LOSS: 0.4820
$VELVET remains above every major EMA, keeping the 15m trend bullish. RSI near 56 is neutral, while the negative MACD shows momentum is temporarily cooling after the sharp breakout.
Holding 0.4920 keeps continuation active. A clean break above 0.5065 could open the path toward the 0.5249 high.
enter at your own risk.