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$VELVET | 1h | Bullish Reversal
Bias: Long
Entry Zone: 0.4860 to 0.4950
Stop Loss: 0.4670
Targets:
TP1: 0.5200
TP2: 0.5550
TP3: 0.5850
Invalidation:
Close below 0.4670
Why This Setup:
I’m seeing a strong support hold near the recent breakout base, followed by a quick reclaim of the 0.50 area. If buyers defend this higher low, I expect continuation toward the prior liquidity highs with a favorable risk/reward.