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$VELVET (1H) — Bullish
$VELVET Trade Plan (Safe Long)
Entry: 0.4920–0.4970 (prefer on a small pullback)
SL: 0.4840
TP1: 0.5090
TP2: 0.5250
TP3: 0.5420
$VELVET Analysis: Price has recovered from the recent correction and is printing higher lows, indicating buyers are regaining control. Holding above the 0.4920 support zone keeps the short-term bullish structure intact and increases the probability of another test of 0.5250, with 0.5420 as the next extension if momentum continues.