$VELVET bearish structure holding, sellers in charge. momentum fading, sellers stepping up. range tightening, volatility coiled. structure showing strain, no reversal signal. clear downside bias. downside the cleaner path.

Setup type: Short
Entry: $0.051720-$0.051980
TP1: $0.020740
TP2: $0.012962
TP3: $0.005185
SL: $0.067405