🚨 $VELVET SHOWS HEAVY INSTITUTIONAL DISTRIBUTION AS 4H STRUCTURE BREAKS DOWN! 📉
Entry: 0.1104 - 0.1121 ⚡
Target: 0.0810 - 0.0307 🚀
Stop Loss: 0.1515 ⚠️
Market structure on the 4-hour timeframe for $VELVET has completely cracked, signaling aggressive supply dominance. Lower timeframe RSI oversold bounces are offering minimal relief against this persistent distribution expansion down to unchecked liquidity pools. 🔍
As order flow remains heavily skewed toward sellers, a retest into the 0.1104 - 0.1121 supply block presents a clean structural short alignment. 📊 Price action is structurally primed to sweep legacy demand levels all the way down toward 0.0307 as inefficiency gets filled. 📉
🤔 Are you taking the continuation short on this retest, or waiting for lower targets to print? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #MarketStructure #Crypto
🎯 🐻
Entry: 0.1104 - 0.1121 ⚡
Target: 0.0810 - 0.0307 🚀
Stop Loss: 0.1515 ⚠️
Market structure on the 4-hour timeframe for $VELVET has completely cracked, signaling aggressive supply dominance. Lower timeframe RSI oversold bounces are offering minimal relief against this persistent distribution expansion down to unchecked liquidity pools. 🔍
As order flow remains heavily skewed toward sellers, a retest into the 0.1104 - 0.1121 supply block presents a clean structural short alignment. 📊 Price action is structurally primed to sweep legacy demand levels all the way down toward 0.0307 as inefficiency gets filled. 📉
🤔 Are you taking the continuation short on this retest, or waiting for lower targets to print? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #MarketStructure #Crypto
🎯 🐻
