🚨 $VELVET/USDT: BEARISH SETUP 📉
The 4H trend remains DOWN, while the latest bounce is losing momentum. RSI on the 15M is around 41.7, supporting the bearish bias.
📉 SHORT Zone: 0.1246–0.1258
🛑 SL: 0.1552
🎯 TP1: 0.1027
🎯 TP2: 0.0877
🎯 TP3: 0.0651
Trading View: SELL 📉
The setup favors a short while price remains below the resistance zone. Manage leverage carefully because the stop is relatively wide.
❓ Would you short the retest or wait for confirmation? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$VELVET
#Velvet #cryptotrading
The 4H trend remains DOWN, while the latest bounce is losing momentum. RSI on the 15M is around 41.7, supporting the bearish bias.
📉 SHORT Zone: 0.1246–0.1258
🛑 SL: 0.1552
🎯 TP1: 0.1027
🎯 TP2: 0.0877
🎯 TP3: 0.0651
Trading View: SELL 📉
The setup favors a short while price remains below the resistance zone. Manage leverage carefully because the stop is relatively wide.
❓ Would you short the retest or wait for confirmation? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$VELVET
#Velvet #cryptotrading
