🚨 $VELVET HITS KEY RESISTANCE ZONE FOR A HIGH-CONVICTION INSTITUTIONAL SHORT! 🐻
Entry: 0.10230 - 0.10310 🔴
Target: 0.09600 🎯
Stop Loss: 0.10610 ⚠️
Price action on $VELVET has officially tapped into the premium supply block between 0.10230 and 0.10310, signaling heavy institutional distribution. 🔍 Buyer momentum is drying up right at this structural pivot as short side liquidity gathers below.
📌 With risk defined strictly above 0.10610, the path of least resistance points toward an efficiency sweep down to 0.09600. 📊 The setup is fully active, requiring patience as order flow dictates the downside expansion. 💬 Are you taking this short position or waiting for a deeper lower time-frame confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #MarketStructure #Crypto
🐻 🎯
Entry: 0.10230 - 0.10310 🔴
Target: 0.09600 🎯
Stop Loss: 0.10610 ⚠️
Price action on $VELVET has officially tapped into the premium supply block between 0.10230 and 0.10310, signaling heavy institutional distribution. 🔍 Buyer momentum is drying up right at this structural pivot as short side liquidity gathers below.
📌 With risk defined strictly above 0.10610, the path of least resistance points toward an efficiency sweep down to 0.09600. 📊 The setup is fully active, requiring patience as order flow dictates the downside expansion. 💬 Are you taking this short position or waiting for a deeper lower time-frame confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #MarketStructure #Crypto
🐻 🎯
