🔴 $VELVET REJECTS KEY RESISTANCE AS BEARS PREPARE TO SWEEP LOWER SUPPORTS! 📉
Entry: 0.6350 - 0.6800 🔻
Target: 0.6000 / 0.5374 / 0.4684 📉
Stop Loss: 0.7713 ⚠️
Bulls attempted to push past the critical 0.655 supply ceiling, but aggressive sellers shut down the expansion instantly. 📊 This textbook resistance rejection signals trapped long liquidity above, clearing a clean path for smart money to drive price lower toward major support blocks.
⚡ Order flow is leaning heavily bearish as momentum fades rapidly across intraday timeframes. 💬 Are you bidding this breakdown early or waiting for the major targets below to hit? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading #Bearish
🐻 🩸
Entry: 0.6350 - 0.6800 🔻
Target: 0.6000 / 0.5374 / 0.4684 📉
Stop Loss: 0.7713 ⚠️
Bulls attempted to push past the critical 0.655 supply ceiling, but aggressive sellers shut down the expansion instantly. 📊 This textbook resistance rejection signals trapped long liquidity above, clearing a clean path for smart money to drive price lower toward major support blocks.
⚡ Order flow is leaning heavily bearish as momentum fades rapidly across intraday timeframes. 💬 Are you bidding this breakdown early or waiting for the major targets below to hit? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading #Bearish
🐻 🩸