🔴 $VELVET REJECTING RANGE TOP AS BEARISH MOMENTUM ACCELERATES LOWER! 📉
Entry: 0.0960625 - 0.0967375 ⚡
Target: 0.0839071 🚀
Stop Loss: 0.1063943 ⚠️
Buyers are running out of steam right at the 0.0964 resistance cap, turning this 4H structure into a textbook distribution block. 📊 Lower timeframe metrics confirm seller control is expanding rapidly without hitting oversold territory just yet.
With macro range highs holding firm, this trend-following expansion targets deeper liquidity pockets below. 🔍 Downside risk remains tightly capped at the pivot, giving momentum full room to operate. 💬 Is 0.0964 the final stand for buyers, or do you expect a fakeout brewing first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading #MarketAnalysis
🔴 📉
Entry: 0.0960625 - 0.0967375 ⚡
Target: 0.0839071 🚀
Stop Loss: 0.1063943 ⚠️
Buyers are running out of steam right at the 0.0964 resistance cap, turning this 4H structure into a textbook distribution block. 📊 Lower timeframe metrics confirm seller control is expanding rapidly without hitting oversold territory just yet.
With macro range highs holding firm, this trend-following expansion targets deeper liquidity pockets below. 🔍 Downside risk remains tightly capped at the pivot, giving momentum full room to operate. 💬 Is 0.0964 the final stand for buyers, or do you expect a fakeout brewing first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading #MarketAnalysis
🔴 📉
