๐จ $VELVET
โ Rejection SHORT Setup ๐
$VELVET is trading near a key resistance zone after a sharp 33%+ move. Momentum is extended, so a confirmed rejection around $0.635โ$0.650 could trigger a pullback.
SHORT SETUP ๐ฏ
Entry: $0.635 โ $0.656
TP1: $0.615
TP2: $0.575
TP3: $0.550
TP4: $0.520
SL: $0.698
๐ด Key Trigger: Rejection below $0.650
A break below $0.615 could accelerate the downside toward the lower targets.
โ ๏ธ $VELVET is highly volatile after a major pump. 40x leverage carries extreme liquidation risk โ wait for confirmation and manage risk carefully.
#VELVET #VELVETUSDT #cryptotrading #ShortSetup
โ Rejection SHORT Setup ๐
$VELVET is trading near a key resistance zone after a sharp 33%+ move. Momentum is extended, so a confirmed rejection around $0.635โ$0.650 could trigger a pullback.
SHORT SETUP ๐ฏ
Entry: $0.635 โ $0.656
TP1: $0.615
TP2: $0.575
TP3: $0.550
TP4: $0.520
SL: $0.698
๐ด Key Trigger: Rejection below $0.650
A break below $0.615 could accelerate the downside toward the lower targets.
โ ๏ธ $VELVET is highly volatile after a major pump. 40x leverage carries extreme liquidation risk โ wait for confirmation and manage risk carefully.
#VELVET #VELVETUSDT #cryptotrading #ShortSetup