$VELVET
Spiked to 1.16, and every candle since has been giving that gain back one step at a time 📉
$VELVETUSDT SHORT 🔻
Entry: 0.9700 – 0.9900 🎯
SL: 1.0207 🚫
TP: 0.9385 / 0.8900 / 0.8562 🌪️
Price broke below both MA(7) and MA(25) after fading from the 1.1665 spike, with the fall staying orderly rather than snapping back. Volume MA(5) has been rolling under MA(10) since the top, showing the selling is steady, not chaotic.
The rising MA(99) near 0.928 is the next real cushion — a bounce there wouldn't be surprising. DYOR 🧭
#VELVET #Write2Earn #TradeSetup #AltcoinAlert
$VELVET
Spiked to 1.16, and every candle since has been giving that gain back one step at a time 📉
$VELVETUSDT SHORT 🔻
Entry: 0.9700 – 0.9900 🎯
SL: 1.0207 🚫
TP: 0.9385 / 0.8900 / 0.8562 🌪️
Price broke below both MA(7) and MA(25) after fading from the 1.1665 spike, with the fall staying orderly rather than snapping back. Volume MA(5) has been rolling under MA(10) since the top, showing the selling is steady, not chaotic.
The rising MA(99) near 0.928 is the next real cushion — a bounce there wouldn't be surprising. DYOR 🧭
#VELVET #Write2Earn #TradeSetup #AltcoinAlert
$VELVET