$VELVET — Bearish Momentum Is Building, Sellers Could Push Price Toward $0.5766
Trade Setup: Short
Entry Zone: 0.680 – 0.695
TP1: 0.650
TP2: 0.620
TP3: 0.5766
SL: 0.7316
VELVET is struggling below the 0.693 resistance zone, while the overall structure continues to favor sellers.
A rejection here could open the way toward 0.650, 0.620 and eventually 0.5766.
Trade Here On $VELVET
👇
Trade Setup: Short
Entry Zone: 0.680 – 0.695
TP1: 0.650
TP2: 0.620
TP3: 0.5766
SL: 0.7316
VELVET is struggling below the 0.693 resistance zone, while the overall structure continues to favor sellers.
A rejection here could open the way toward 0.650, 0.620 and eventually 0.5766.
Trade Here On $VELVET
👇