$VELVET — 1.0478 sell wall crushing the bounce. Squeeze trigger below 0.8718. 📉
Trade Plan: Short $VELVET
✅ Entry: 1.00 – 1.05
⛔ SL: 1.0915
🎯 TP: 1️⃣ 0.8405 | 2️⃣ 0.6639 | 3️⃣ 0.4921
⚠️ Strategy: Adjust Quantities to that much you can afford to loose
🧑💻 Why this Setup?
Heavy rejection is forming near the 1.0478 sell wall as sellers defend the highs. A break below 0.8718 could accelerate the squeeze toward 0.8405 and lower. As long as 1.0915 holds, the bearish setup stays valid.
Click Here to Trade 👉 $VELVET
Trade Plan: Short $VELVET
✅ Entry: 1.00 – 1.05
⛔ SL: 1.0915
🎯 TP: 1️⃣ 0.8405 | 2️⃣ 0.6639 | 3️⃣ 0.4921
⚠️ Strategy: Adjust Quantities to that much you can afford to loose
🧑💻 Why this Setup?
Heavy rejection is forming near the 1.0478 sell wall as sellers defend the highs. A break below 0.8718 could accelerate the squeeze toward 0.8405 and lower. As long as 1.0915 holds, the bearish setup stays valid.
Click Here to Trade 👉 $VELVET