$VELVET BEARS AREN'T GIVING BUYERS MUCH ROOM TO BREATHE!
VELVET has broken down sharply from $0.06268 and continues making lower lows. The $0.0530 area could act as resistance on a relief bounce, opening another downside opportunity.
🚹 SHORT $VELVET
Entry: 0.05280 – 0.05350
TP1: 0.05050
TP2: 0.04960
TP3: 0.04850
SL: 0.05650
DON'T MISS THE NEXT BEARISH MOVE ON $VELVET đŸ‘‡đŸ»đŸŒž
Wait for rejection confirmation. 1H RSI is deeply oversold, so avoid chasing the current price.
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