$VELVET IS GETTING HEAVY ON THE ORDERBOOKS - SHORTS MAY HAVE EDGE ⚡
The sentiment flip on $VELVET is happening in real time — ask anyone watching the bid stack and they’ll tell you the same thing. Sellers are stepping in at every bounce and the momentum that carried us up is running out of steam.
If you’re thinking about a short, the question is whether we get one more pump to trap late buyers or if this thing rolls over from here. What’s your read on the next move?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #MomentumFlip #Crypto
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The sentiment flip on $VELVET is happening in real time — ask anyone watching the bid stack and they’ll tell you the same thing. Sellers are stepping in at every bounce and the momentum that carried us up is running out of steam.
If you’re thinking about a short, the question is whether we get one more pump to trap late buyers or if this thing rolls over from here. What’s your read on the next move?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #MomentumFlip #Crypto
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