🚨 $VELVET /USDT — SHORT SETUP | FVG REJECTION ⚡
I’m looking for a SHORT if $VELVET retests the 1.050–1.090 supply/FVG zone and gets rejected.
📌 Entry: 1.050 – 1.090
🛑 SL: 1.155
🎯 TP1: 0.900
🎯 TP2: 0.800
🎯 TP3: 0.744
Why short?
Price pushed into the previous supply area, failed to hold above the FVG, and sellers are now stepping back in. The structure shows a clear rejection, while the downside has multiple liquidity/support zones that can attract price.
If 1.05–1.09 gets rejected again, I’ll favor continuation toward the lower liquidity.
🔥 Don’t miss the opportunity — watch the reaction at the FVG.
#VELVET
#Crypto #BinanceSquare #Altcoins
I’m looking for a SHORT if $VELVET retests the 1.050–1.090 supply/FVG zone and gets rejected.
📌 Entry: 1.050 – 1.090
🛑 SL: 1.155
🎯 TP1: 0.900
🎯 TP2: 0.800
🎯 TP3: 0.744
Why short?
Price pushed into the previous supply area, failed to hold above the FVG, and sellers are now stepping back in. The structure shows a clear rejection, while the downside has multiple liquidity/support zones that can attract price.
If 1.05–1.09 gets rejected again, I’ll favor continuation toward the lower liquidity.
🔥 Don’t miss the opportunity — watch the reaction at the FVG.
#VELVET
#Crypto #BinanceSquare #Altcoins