$VELVET SHORT SETUP — Extreme Pump, Pullback Possible
Short | 20x Leverage
Entry: 0.69–0.72
DCA: 0.76
SL: 0.81
TP1: 0.65
TP2: 0.58
TP3: 0.50
$VELVET has surged over 60% in 24H and is showing a sharp rejection from the 0.80–0.89 area. After such a strong vertical move, a healthy pullback/retest is possible. I’m watching 0.65 first, followed by 0.58 if selling pressure continues.
Short | 20x Leverage
Entry: 0.69–0.72
DCA: 0.76
SL: 0.81
TP1: 0.65
TP2: 0.58
TP3: 0.50
$VELVET has surged over 60% in 24H and is showing a sharp rejection from the 0.80–0.89 area. After such a strong vertical move, a healthy pullback/retest is possible. I’m watching 0.65 first, followed by 0.58 if selling pressure continues.