🚨 $VELVET SHOWS MOMENTUM EXHAUSTION AS SELLERS DEFEND THE 0.0900 RESISTANCE BLOCK! 📉
Entry: 0.0877 - 0.0890 ⚡
Target: 0.0844, 0.0821, 0.0805 🎯
Stop Loss: 0.0920 ⚠️
The recent bullish impulse on $VELVET has lost velocity, failing repeatedly to secure market structure above the 0.0900 supply cluster. 🔍 Institutional sellers are heavily defending this key resistance zone, absorbing incoming buy liquidity and establishing a clean lower-high distribution pattern. 📉
As long as the 0.0900–0.0920 region remains capped, order flow strongly favors a liquidity sweep into the lower demand pockets. ⚡ Risk management remains key as momentum shifts downward toward structural support. 🤔 Would you short this rejection directly or wait for confirmation below 0.0870?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #Crypto #MarketStructure
🎯 📉
Entry: 0.0877 - 0.0890 ⚡
Target: 0.0844, 0.0821, 0.0805 🎯
Stop Loss: 0.0920 ⚠️
The recent bullish impulse on $VELVET has lost velocity, failing repeatedly to secure market structure above the 0.0900 supply cluster. 🔍 Institutional sellers are heavily defending this key resistance zone, absorbing incoming buy liquidity and establishing a clean lower-high distribution pattern. 📉
As long as the 0.0900–0.0920 region remains capped, order flow strongly favors a liquidity sweep into the lower demand pockets. ⚡ Risk management remains key as momentum shifts downward toward structural support. 🤔 Would you short this rejection directly or wait for confirmation below 0.0870?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #Crypto #MarketStructure
🎯 📉
