Guy's open super big short on $VELVET for max gains

Short $VELVET

Entry: 0.790 - 0.890

SL: 1.15

TP1: 0.7500
TP2: 0.7000
TP3: 0.6000
TP4: 0.5000

Why: VELVET has surged over 16% and is now pulling back after getting rejected from the 0.8345 resistance zone. Price has dropped sharply below the MA(7), while MACD momentum is turning bearish. A rejection around 0.7900-0.8100 could trigger a deeper correction toward the MA(25) and previous support levels.

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