VELVET is hovering just under the 0.0450 resistance, slipping into the 0.0435‑0.0430 range.
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🔴 $VELVET SHORT 📉
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📍 Entry Range: $0.073067 – $0.073213
🛑 Stop Loss: $0.075334 (-3.0%)
🎯 TP1: $0.072043 (+1.5%)
🏆 TP2: $0.069483 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A change of character broke the downtrend, the order block at 0.0452 aligns with the fair value gap from 0.0458 to 0.0454, and the cumulative volume delta turned bullish; a liquidity sweep cleared the 0.0430 level, creating a POI where the OB and FVG overlap.
A 3.0% stop is relatively tight, so keep leverage at or below 5x.
Take half profit at the first target around 0.0475.
As always: manage your risk, this is not financial advice 🙏
$VELVET #VELVETUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $VELVET SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.073067 – $0.073213
🛑 Stop Loss: $0.075334 (-3.0%)
🎯 TP1: $0.072043 (+1.5%)
🏆 TP2: $0.069483 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
A change of character broke the downtrend, the order block at 0.0452 aligns with the fair value gap from 0.0458 to 0.0454, and the cumulative volume delta turned bullish; a liquidity sweep cleared the 0.0430 level, creating a POI where the OB and FVG overlap.
A 3.0% stop is relatively tight, so keep leverage at or below 5x.
Take half profit at the first target around 0.0475.
As always: manage your risk, this is not financial advice 🙏
$VELVET #VELVETUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn