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Everyone’s sleeping on $VELVET /USDT while it’s quietly setting up a trap for the impatient.
$VELVET - LONG
Trade Plan:
Entry: 0.095296 – 0.095874
SL: 0.092810
TP1: 0.097666
TP2: 0.099054
TP3: 0.101135
Why this setup?
RSI on 15m is oversold at 36.66, and price is hugging the 1h entry ref at 0.095585. The 4h bias is LONG with 55% confidence, but the 1D trend is range—so this is a mean reversion play, not a breakout. Entry zone is tight between 0.095296 and 0.095874. TP1 at 0.097666 is the first low-risk grab.
#WCTCTradingKingPK