🔻 $VELVET Bearish Pullback
Price rejected from 0.099 high and trading below MA25 and MA99. Lower high structure with continued selling pressure near the recent lows.
Trade Setup (Short)
Entry Zone: 0.0905 – 0.0925
Take Profit Targets:
TP1: 0.0880
TP2: 0.0850
TP3: 0.0820
Stop Loss: 0.0950
Sellers remain in control as price struggles under the key moving averages. Continuation lower is likely if it breaks below 0.089.
Disclaimer: This is not financial advice. Cryptocurrency trading involves high risk of loss. Always do your own research and trade responsibly at your own risk.
Sell and Trade $VELVET
🔻
Price rejected from 0.099 high and trading below MA25 and MA99. Lower high structure with continued selling pressure near the recent lows.
Trade Setup (Short)
Entry Zone: 0.0905 – 0.0925
Take Profit Targets:
TP1: 0.0880
TP2: 0.0850
TP3: 0.0820
Stop Loss: 0.0950
Sellers remain in control as price struggles under the key moving averages. Continuation lower is likely if it breaks below 0.089.
Disclaimer: This is not financial advice. Cryptocurrency trading involves high risk of loss. Always do your own research and trade responsibly at your own risk.
Sell and Trade $VELVET
🔻
