$VELVET – SHORT
Entry: 0.1275–0.1278
SL: 0.1292
TP1: 0.1265
TP2: 0.1250
TP3: 0.1220
The trend remains heavily bearish as price consistently fails to reclaim local resistance levels. Selling pressure is dominant, with volume spikes confirming downside momentum. Expect further erosion.
Entry: 0.1275–0.1278
SL: 0.1292
TP1: 0.1265
TP2: 0.1250
TP3: 0.1220
The trend remains heavily bearish as price consistently fails to reclaim local resistance levels. Selling pressure is dominant, with volume spikes confirming downside momentum. Expect further erosion.