From what I see on this order book, the traps are hidden within the daily range, while undercurrents are surging at the 4-hour level. The $VELVET short-term momentum indicator has already dulled at low levels, and the RSI has fallen to around 33 without any divergence yet. This is not a signal of an oversold rebound—it confirms a downtrend continuation. In terms of volume, volatility is expanding; with ATR widening, once price breaks below the current resistance/pressure level, the downward move will accelerate.
The daily chart looks like it’s consolidating, but the 4-hour structure has already weakened. What we’re trading is the inner trend—not gambling on the outer boundary. There is objectively rebound risk, but as long as price can’t reclaim the key structural level from above, the short-sell thesis remains unbroken. The path of least resistance points downward. Waiting for confirmation isn’t as important as letting the structure speak.
🔴 Trade Direction: Short
📍 Entry Range: 0.0785790 – 0.0798361
🛑 Stop Loss: 0.0920033
🎯 Take Profit 1: 0.0696107
🎯 Take Profit 2: 0.0632128
🎯 Take Profit 3: 0.0536160
No need to chase the hype—the hype will pause on its own.
Side by side with Sister Li, let every inch of time echo.
#VELVET
Click below to trade 👇
The daily chart looks like it’s consolidating, but the 4-hour structure has already weakened. What we’re trading is the inner trend—not gambling on the outer boundary. There is objectively rebound risk, but as long as price can’t reclaim the key structural level from above, the short-sell thesis remains unbroken. The path of least resistance points downward. Waiting for confirmation isn’t as important as letting the structure speak.
🔴 Trade Direction: Short
📍 Entry Range: 0.0785790 – 0.0798361
🛑 Stop Loss: 0.0920033
🎯 Take Profit 1: 0.0696107
🎯 Take Profit 2: 0.0632128
🎯 Take Profit 3: 0.0536160
No need to chase the hype—the hype will pause on its own.
Side by side with Sister Li, let every inch of time echo.
#VELVET
Click below to trade 👇