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$VELVET /USDT is still showing bullish momentum after a strong breakout, but it's trading close to recent resistance.
LONG Trade Idea (High Risk after a 150%+ pump):
Entry: 1.28 – 1.31 (prefer on a pullback)
Stop Loss: 1.22
TP1: 1.35
TP2: 1.38 (recent high)
TP3: 1.45
TP4: 1.55 (only if momentum remains strong)
Analysis:
Price has made a sharp impulsive move and is now consolidating below 1.38 resistance.
A clean breakout above 1.38 with strong volume could trigger another leg higher.
If 1.28 fails, a deeper pullback is possible, so keep your stop-loss disciplined.
⚠️ Since the coin has already gained over 150%, avoid using high leverage and manage your risk carefully.
#Get2SharesOfSKHynixAtZeroCost