Many people are still waiting for a pullback, and $VELVET has already marked out the direction. The long position was taken from 0.49399 to 0.53306, and now ROE shows +80.45%. This leg of the move has clearly extended, and the tempo is more decisive than expected.

I already noticed this level earlier. The real key isn’t a single bullish candle, but that it can’t be pushed down continuously. Every time the shorts try to smash it, there’s support underneath—price not only doesn’t weaken, it starts grinding along the upper band. I won’t easily give up a position in a market like this.

That mid-move shakeout was very aggressive; many people were shaken out. In fact, that was exactly where the strength was confirmed. After the pullback back against expectations, the bulls’ control returned.

Now the profit room is open. If you have a position, remember to protect your gains—70/30 partial take-profit feels comfortable too, and keep the remaining position with protection at the key level. Don’t chase if you missed it—don’t take a chase trade; wait for the next opportunity.

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