$VELVET SHORT
- On the 15-minute timeframe, the RSI indicator dropped to 20.8, indicating a strong depletion of local buy demand.
- Open interest dynamics show a gradual decline on higher timeframes, reflecting the gradual exit of speculators from positions.
- Trading volumes on the 1-minute timeframe are still moderate, but selling pressure remains.
🏁Entry: 0.8274$
💰Target 1: 0.8141616$
💰Target 2: 0.7876848$
💰Target 3: 0.761208$
💰Target 4: 0.711564$
💰Target 5: 0.49644$
⛔️Stop: 0.8638056$
📈 RSI14: m1 32.8 • m5 31.9 • m15 20.8 • m30 25.5
📊 VOL: m1 $1.6K • m5 $51.7K • m15 $493.4K • m30 $493.4K
🧲 OI: now $14.7M • 5m -0.1% • 15m -1.4% • 30m -2.2%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#VELVET #XRPDefends #SenateReadiesSeptemberCLARITYActVote 📈
$VELVET
- On the 15-minute timeframe, the RSI indicator dropped to 20.8, indicating a strong depletion of local buy demand.
- Open interest dynamics show a gradual decline on higher timeframes, reflecting the gradual exit of speculators from positions.
- Trading volumes on the 1-minute timeframe are still moderate, but selling pressure remains.
🏁Entry: 0.8274$
💰Target 1: 0.8141616$
💰Target 2: 0.7876848$
💰Target 3: 0.761208$
💰Target 4: 0.711564$
💰Target 5: 0.49644$
⛔️Stop: 0.8638056$
📈 RSI14: m1 32.8 • m5 31.9 • m15 20.8 • m30 25.5
📊 VOL: m1 $1.6K • m5 $51.7K • m15 $493.4K • m30 $493.4K
🧲 OI: now $14.7M • 5m -0.1% • 15m -1.4% • 30m -2.2%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#VELVET #XRPDefends #SenateReadiesSeptemberCLARITYActVote 📈
$VELVET
