🚨 $VELVET Is Going Crazy! 📈🔥
The price action is getting extreme, so risk management matters more than ever.
🔴 SHORT PLAN
📍 Entry: Market price → 1.35
🎯 Targets:
• TP1: 0.80
• TP2: 0.60
• TP3: 0.40
⚠️ Risk: Use only a small margin and define your maximum portfolio loss before entering. A strong pump can continue much longer than expected, so don’t short purely because the price looks high.
If momentum remains strong, shorts can become fuel for another squeeze. Wait for confirmation of weakness rather than fighting the trend blindly.
💬 Would you short $VELVET here, or wait for a confirmed reversal?
Not financial advice. DYOR and protect your capital.
#Velvet #crypto #Trading
The price action is getting extreme, so risk management matters more than ever.
🔴 SHORT PLAN
📍 Entry: Market price → 1.35
🎯 Targets:
• TP1: 0.80
• TP2: 0.60
• TP3: 0.40
⚠️ Risk: Use only a small margin and define your maximum portfolio loss before entering. A strong pump can continue much longer than expected, so don’t short purely because the price looks high.
If momentum remains strong, shorts can become fuel for another squeeze. Wait for confirmation of weakness rather than fighting the trend blindly.
💬 Would you short $VELVET here, or wait for a confirmed reversal?
Not financial advice. DYOR and protect your capital.
#Velvet #crypto #Trading