📊 $VELVET Liquidation Heatmap — Short-Term Rebound Bias Leans LONG
$VELVET is trading near 0.531 after a sustained decline from the 0.90 area. Although the broader price structure remains bearish, the heatmap shows significantly larger short-liquidation liquidity above the current price.
🔹 Immediate upside zone: 0.56–0.60
🔹 Next liquidity zone: 0.64–0.69
🔹 Major upside liquidity: 0.74–0.76
🔹 Key support: 0.52–0.50
Main scenario:
• Holding above 0.52 keeps a short-term rebound setup alive
• Reclaiming 0.60 could open the path toward 0.64–0.69
• A clean break above 0.69 could trigger a stronger squeeze toward 0.74–0.76
• Losing 0.50 would weaken the rebound setup and increase downside risk toward 0.47–0.44
Disclaimer: Trading always involves risk, do your own research (DYOR)
$VELVET is trading near 0.531 after a sustained decline from the 0.90 area. Although the broader price structure remains bearish, the heatmap shows significantly larger short-liquidation liquidity above the current price.
🔹 Immediate upside zone: 0.56–0.60
🔹 Next liquidity zone: 0.64–0.69
🔹 Major upside liquidity: 0.74–0.76
🔹 Key support: 0.52–0.50
Main scenario:
• Holding above 0.52 keeps a short-term rebound setup alive
• Reclaiming 0.60 could open the path toward 0.64–0.69
• A clean break above 0.69 could trigger a stronger squeeze toward 0.74–0.76
• Losing 0.50 would weaken the rebound setup and increase downside risk toward 0.47–0.44
Disclaimer: Trading always involves risk, do your own research (DYOR)