🔥 $VELVET /USDT SHORT — The Breakdown Could Be Bigger Than Expected
$VELVET /USDT is showing a strong bearish setup, with 84% confidence on the 4H timeframe. While the daily chart remains range-bound, the current structure suggests sellers could be preparing for another move lower.
📉 Trade Plan
Entry: 0.1194404 – 0.1213596
SL: 0.1595544
TP1: 0.0910342
TP2: 0.0714570
TP3: 0.0420912
🔍 Why This Short?
• 4H momentum is bearish and favors continuation lower.
• 15M RSI at 52 leaves room for further downside without requiring an immediate bounce.
• The daily range supports a mean-reversion move toward lower levels.
• The setup offers multiple downside targets, with TP3 representing a major potential move if bearish momentum accelerates.
⚠️ The stop-loss is relatively wide at 0.1595544, so position sizing and risk management are especially important. Never risk more than you can afford to lose.
The key question:
Are you entering around 0.1200, or waiting for a retest near 0.1213 for confirmation?
👇 Trade with a plan. Manage your risk. Let the setup play out.
#VELVET #VELVETUSDT #Binance #Crypto #CryptoTrading #Shibalnu hortSetup #Altcoins #TradingSignals #TechnicalAnalysis #USStocksCloseHigherNvidiaGains2% #BrentWTICrudeFallOver3% #XRPRallies44%InAWeek
$VELVET /USDT is showing a strong bearish setup, with 84% confidence on the 4H timeframe. While the daily chart remains range-bound, the current structure suggests sellers could be preparing for another move lower.
📉 Trade Plan
Entry: 0.1194404 – 0.1213596
SL: 0.1595544
TP1: 0.0910342
TP2: 0.0714570
TP3: 0.0420912
🔍 Why This Short?
• 4H momentum is bearish and favors continuation lower.
• 15M RSI at 52 leaves room for further downside without requiring an immediate bounce.
• The daily range supports a mean-reversion move toward lower levels.
• The setup offers multiple downside targets, with TP3 representing a major potential move if bearish momentum accelerates.
⚠️ The stop-loss is relatively wide at 0.1595544, so position sizing and risk management are especially important. Never risk more than you can afford to lose.
The key question:
Are you entering around 0.1200, or waiting for a retest near 0.1213 for confirmation?
👇 Trade with a plan. Manage your risk. Let the setup play out.
#VELVET #VELVETUSDT #Binance #Crypto #CryptoTrading #Shibalnu hortSetup #Altcoins #TradingSignals #TechnicalAnalysis #USStocksCloseHigherNvidiaGains2% #BrentWTICrudeFallOver3% #XRPRallies44%InAWeek
