$VELVET SHORT
Can sellers push the asset after a deep oversold move?
Extreme RSI readings on lower timeframes indicate a strong drop in buyer interest and that bears still hold initiative.
Against the backdrop of current volumes and stable open interest, the selling pressure remains, leaving excellent odds for further downside movement toward the next targets.
🏁Entry: 0.6471$
✅Take 1: 0.6367464$
✅Take 2: 0.6160392$
✅Take 3: 0.595332$
✅Take 4: 0.556506$
✅Take 5: 0.38826$
🛡Stop: 0.6755724$
📈 RSI14: m1 10.5 • m5 19.4 • m15 31.4 • m30 37.0
📊 VOL: m1 $284K • m5 $293.4K • m15 $293.4K • m30 $293.4K
🧲 OI: now $10M • 5m -0.0% • 15m -0.3% • 30m +0.0%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#VELVET #cryptotrading #STG 📈
$VELVET
Can sellers push the asset after a deep oversold move?
Extreme RSI readings on lower timeframes indicate a strong drop in buyer interest and that bears still hold initiative.
Against the backdrop of current volumes and stable open interest, the selling pressure remains, leaving excellent odds for further downside movement toward the next targets.
🏁Entry: 0.6471$
✅Take 1: 0.6367464$
✅Take 2: 0.6160392$
✅Take 3: 0.595332$
✅Take 4: 0.556506$
✅Take 5: 0.38826$
🛡Stop: 0.6755724$
📈 RSI14: m1 10.5 • m5 19.4 • m15 31.4 • m30 37.0
📊 VOL: m1 $284K • m5 $293.4K • m15 $293.4K • m30 $293.4K
🧲 OI: now $10M • 5m -0.0% • 15m -0.3% • 30m +0.0%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#VELVET #cryptotrading #STG 📈
$VELVET
