VELVET: H4 Distribution Phase Confirmed, Projecting a Steep Markdown Crash Toward 0.7527 Base Level
VELVET’s H4 structural framework clearly illustrates demand exhaustion following repeated Buying Climax (BC) formations and a Weak High peak around 1.2500. The recent relief rally failed to establish structural continuation, functioning merely as a secondary test that confirms the completion of an institutional Wyckoff Distribution phase.
With late retail buyers trapped at premium price levels, dominant institutional sell pressure is set to take full control. This structural breakdown will trigger an aggressive markdown phase, sending price action into a direct crash toward the origin of the previous markup at the 0.7527 structural baseline (former BOS / AR level). This key support buffer will act as the primary battleground for potential price stabilization. Traders must enforce strict capital preservation discipline—keep your hands tightly tied and observe volume responsiveness around the 0.7527 support rather than attempting to catch falling knives during an active markdown!💥💥💥
Note: This analysis utilizes Wyckoff/SMC methodologies for Swing trading. Scalpers should adjust parameters accordingly 👍
VELVET’s H4 structural framework clearly illustrates demand exhaustion following repeated Buying Climax (BC) formations and a Weak High peak around 1.2500. The recent relief rally failed to establish structural continuation, functioning merely as a secondary test that confirms the completion of an institutional Wyckoff Distribution phase.
With late retail buyers trapped at premium price levels, dominant institutional sell pressure is set to take full control. This structural breakdown will trigger an aggressive markdown phase, sending price action into a direct crash toward the origin of the previous markup at the 0.7527 structural baseline (former BOS / AR level). This key support buffer will act as the primary battleground for potential price stabilization. Traders must enforce strict capital preservation discipline—keep your hands tightly tied and observe volume responsiveness around the 0.7527 support rather than attempting to catch falling knives during an active markdown!💥💥💥
Note: This analysis utilizes Wyckoff/SMC methodologies for Swing trading. Scalpers should adjust parameters accordingly 👍