The plan was simple, and it paid. $VELVET Short: TP3

Post

The plan was simple, and it paid.
$VELVET Short: TP3 printed.
We did not need the exit to chase the entry—this one closed out before the crowd got comfortable.

If you held from the original call, respect. That was a clean read, and you took it.
If you missed it, do not chase the receipt. The move is done.

Next setup is already on the radar. Same patience, same zone-first discipline.

509 JonyDong

Bearish

$VELVET Short 10x | Supply zone hit, risk is defined.

VELVET finally reached the level I mapped out before the move, and that is where I step in. This short is live with a clear invalidation line, which is exactly what makes it tradable.

Trade Plan:
- Entry: 0.68152 – 0.68545
- TP1: 0.66510 (R:R 1:0.7)
- TP2: 0.65285 (R:R 1:1.3)
- TP3: 0.63447 (R:R 1:2.0)
- SL: 0.70799

Why this setup?
- The setup holds because 4h structure and the bullish daily bias are both colliding at 0.68152–0.68545, creating a real decision point.
- 15m RSI at 63 leaves enough room for downside pressure, but only if the zone stays intact.
- Volume backs the move: 0.10x with 8.42K against 84.95K expected, so this is not a hollow rejection.

My call. Your execution..
Trade here 👇 and Do you take the trade with the mapped invalidation, or wait for a cleaner confirmation before committing?

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

VELVET-77.93%