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🚀 $VELVET – Strong entry opportunity with continued upward momentum
The price shows clear consolidation above demand levels, with buyers continuing to control and confirm the upward trend after the last wave.
📈 Entry zone: 0.690 – 0.725
🛡 Stop loss: 0.640 (breaking it invalidates the bullish scenario)
🎯 Gradual targets:
▪️ First target: 0.780
▪️ Second target: 0.850
▪️ Third target: 0.950
$VELVET
📊 Technical comment:
Stability above the entry zone enhances the chances of continued upward movement towards the specified targets, with the need to monitor price behavior near each resistance.
#VELVET