$VELVET – CHOPPING BELOW RESISTANCE!
Price: $0.6790, stuck under EMA7 ($0.6814).
Volume is 25% below average – no conviction!
🔴 Resistance: $0.6814 – SELL THE BOUNCE
🟢 Support: $0.6714 – BREAK = $0.658
My call: Short from $0.681, target $0.671.
Only long above $0.682 with volume.
#VELVET #Crypto #TradingSignals #TechnicalAnalysis
Price: $0.6790, stuck under EMA7 ($0.6814).
Volume is 25% below average – no conviction!
🔴 Resistance: $0.6814 – SELL THE BOUNCE
🟢 Support: $0.6714 – BREAK = $0.658
My call: Short from $0.681, target $0.671.
Only long above $0.682 with volume.
#VELVET #Crypto #TradingSignals #TechnicalAnalysis