$VELVET #VELVET #Contract Trading
Top of the Decline List | VELVET backhand to go long and monitor
24h price drop -25.15%
Current price 0.11370
Trigger price 0.11370
Invalidation price 0.10745
Observation zone 0.11939 / 0.12507
Market clues: VELVET ranks first on the decline list / 24h decline -25.15% / After panic selling is released, the room to keep dumping starts to narrow
After panic selling on the top decliners’ list is released, the downside room narrows. You can consider placing a long order as a backhand position; the invalidation price serves as the stop-loss.
Top of the Decline List | VELVET backhand to go long and monitor
24h price drop -25.15%
Current price 0.11370
Trigger price 0.11370
Invalidation price 0.10745
Observation zone 0.11939 / 0.12507
Market clues: VELVET ranks first on the decline list / 24h decline -25.15% / After panic selling is released, the room to keep dumping starts to narrow
After panic selling on the top decliners’ list is released, the downside room narrows. You can consider placing a long order as a backhand position; the invalidation price serves as the stop-loss.