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VELVET Related Events and Strategy Analysis: A mid-to-low market cap, high beta asset, currently oscillating widely around 1.78. Due to its relatively weak liquidity, it is highly susceptible to being squeezed by whales or market makers. It is recommended to deploy a low-absorption grid strategy in the key support zone of 1.65-1.72 below, strictly controlling position size per entry.
10 Entry, Take Profit, and Stop Loss Levels:
1. Entry: 1.7600 USDT | Take Profit: 1.9100 USDT | Stop Loss: 1.6800 USDT
2. Entry: 1.7400 USDT | Take Profit: 1.8900 USDT | Stop Loss: 1.6600 USDT
3. Entry: 1.7200 USDT | Take Profit: 1.8700 USDT | Stop Loss: 1.6400 USDT
4. Entry: 1.7000 USDT | Take Profit: 1.8500 USDT | Stop Loss: 1.6200 USDT
5. Entry: 1.6800 USDT | Take Profit: 1.8300 USDT | Stop Loss: 1.6000 USDT
6. Entry: 1.6600 USDT | Take Profit: 1.8100 USDT | Stop Loss: 1.5800 USDT
7. Entry: 1.6400 USDT | Take Profit: 1.7900 USDT | Stop Loss: 1.5600 USDT
8. Entry: 1.6200 USDT | Take Profit: 1.7700 USDT | Stop Loss: 1.5400 USDT
9. Entry: 1.6000 USDT | Take Profit: 1.7500 USDT | Stop Loss: 1.5200 USDT
10. Entry: 1.5600 USDT | Take Profit: 1.7100 USDT | Stop Loss: 1.4800 USDT
$VELVET