Look at that violent 1H V-reversal on VELVET /USDT: from 0.4722 straight to 0.6880 with relentless spot volume backing every candle.
$VELVET - LONG
Trade Plan:
Entry: 0.6450 – 0.6880
SL: 0.5850
TP1: 0.7650
TP2: 0.8450
TP3: 0.8750
Why this setup?
• The capitulation low at 0.4722 triggered an explosive V-shaped recovery backed by massive 114.69M USDT turnover, confirming that institutional players aggressively absorbed the entire sell-side float.
• On the 1H timeframe, MA7 (0.5949) has sharply decoupled above MA25 (0.5731) at a steep vertical angle, creating a strong dynamic cushion that forces trailing shorts into liquidation.
• The previous waterfall flush from 1.0827 left zero consolidated distribution shelves between 0.7103 and 0.8446, leaving price with minimal friction on its path toward the overhead MA99 baseline at 0.8754.
Debate:
Are you positioning into this 114M USDT volume impulse before 0.7103 breaks, or will hesitation leave you chasing the move when price is already testing MA99 at 0.8754?
Click here to Trade 👇
$GPS $ACE
$VELVET - LONG
Trade Plan:
Entry: 0.6450 – 0.6880
SL: 0.5850
TP1: 0.7650
TP2: 0.8450
TP3: 0.8750
Why this setup?
• The capitulation low at 0.4722 triggered an explosive V-shaped recovery backed by massive 114.69M USDT turnover, confirming that institutional players aggressively absorbed the entire sell-side float.
• On the 1H timeframe, MA7 (0.5949) has sharply decoupled above MA25 (0.5731) at a steep vertical angle, creating a strong dynamic cushion that forces trailing shorts into liquidation.
• The previous waterfall flush from 1.0827 left zero consolidated distribution shelves between 0.7103 and 0.8446, leaving price with minimal friction on its path toward the overhead MA99 baseline at 0.8754.
Debate:
Are you positioning into this 114M USDT volume impulse before 0.7103 breaks, or will hesitation leave you chasing the move when price is already testing MA99 at 0.8754?
Click here to Trade 👇
$GPS $ACE