🚨 $VELVET FACES HEAVY RESISTANCE REJECTION AT OVERHEAD SUPPLY ZONE! 📉
Entry: 0.0944 - 0.0946 ⚡
Target: 0.0930 - 0.0913 🎯
Stop Loss: 0.0959 🛑
Smart money defended the supply zone at 0.0946 to 0.0950, cutting short the recent recovery attempt. 🔍 Sellers met aggressive buying pressure with heavy institutional supply, confirming an active short-term distribution pattern.
As long as price remains capped below the key resistance area, order flow strongly favors a sweep toward the 0.0913 structural support block. 📊 Risk parameters remain defined with structural invalidation placed above the high. 💬 Are you taking the short continuation here or waiting for support to get tested? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #MarketStructure #Trading
🎯 🦈
Entry: 0.0944 - 0.0946 ⚡
Target: 0.0930 - 0.0913 🎯
Stop Loss: 0.0959 🛑
Smart money defended the supply zone at 0.0946 to 0.0950, cutting short the recent recovery attempt. 🔍 Sellers met aggressive buying pressure with heavy institutional supply, confirming an active short-term distribution pattern.
As long as price remains capped below the key resistance area, order flow strongly favors a sweep toward the 0.0913 structural support block. 📊 Risk parameters remain defined with structural invalidation placed above the high. 💬 Are you taking the short continuation here or waiting for support to get tested? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #MarketStructure #Trading
🎯 🦈
