📍 $VELVET TRADE SETUP
Current price: ~0.0749
After the recent pump, VELVET is cooling off. Binance data shows long positioning is still crowded, while short-term taker flow has turned slightly weaker.
🟢 LONG WATCH
Entry: 0.0735–0.0750
Confirmation: reclaim 0.0765
TP1: 0.0785
TP2: 0.0810
TP3: 0.0850
Invalidation: below 0.0715
🔴 SHORT WATCH
Entry: 0.0805–0.0830
Confirmation: rejection + close below 0.0795
TP1: 0.0765
TP2: 0.0735
TP3: 0.0700
Invalidation: above 0.0850
⚠️ I'm not chasing the move.
The key is the reaction at 0.0735–0.0750 and 0.0805–0.0830.
Which side are you watching? 🚀📉
#Velvet #BinanceSquare #CryptoTrading #futures #HarshMarketDiary
Current price: ~0.0749
After the recent pump, VELVET is cooling off. Binance data shows long positioning is still crowded, while short-term taker flow has turned slightly weaker.
🟢 LONG WATCH
Entry: 0.0735–0.0750
Confirmation: reclaim 0.0765
TP1: 0.0785
TP2: 0.0810
TP3: 0.0850
Invalidation: below 0.0715
🔴 SHORT WATCH
Entry: 0.0805–0.0830
Confirmation: rejection + close below 0.0795
TP1: 0.0765
TP2: 0.0735
TP3: 0.0700
Invalidation: above 0.0850
⚠️ I'm not chasing the move.
The key is the reaction at 0.0735–0.0750 and 0.0805–0.0830.
Which side are you watching? 🚀📉
#Velvet #BinanceSquare #CryptoTrading #futures #HarshMarketDiary