Time of the window, I choose to line up and send orders—not emotion. $VELVET gets trapped in an hourly-scale tight range, repeatedly grinding within a narrow band; the ATR contraction shows that volatility has been compressed to the extreme. This kind of compression often isn’t a reason to hold sideways—it’s making way for direction. The 15m RSI has already been smashed into the oversold zone, but price hasn’t shown any decent rebound strength, which suggests the takeover is weak. The bounce looks more like an opportunity to top up the shorts.
The daily chart is still wavering within its range. People watching the big range can easily miss these small-timeframe weakening signals. The key level is up there: as long as the pullback can’t stand and get back, the structure will still be tilted downward, and opening up space to the downside is the likely path. What I’m watching is the continuation after a breakdown—not chasing the dip.
🔴 Trading direction: Short
📍 Entry range: 0.0514840 – 0.0522767
🛑 Stop loss: 0.0611637
🎯 Take profit 1: 0.0449178
🎯 Take profit 2: 0.0402762
🎯 Take profit 3: 0.0333136
No need to chase the hype—hype will linger on its own.
Stand side by side with Sister Li, and let every inch of time echo.
#VELVET
Click below to trade 👇
The daily chart is still wavering within its range. People watching the big range can easily miss these small-timeframe weakening signals. The key level is up there: as long as the pullback can’t stand and get back, the structure will still be tilted downward, and opening up space to the downside is the likely path. What I’m watching is the continuation after a breakdown—not chasing the dip.
🔴 Trading direction: Short
📍 Entry range: 0.0514840 – 0.0522767
🛑 Stop loss: 0.0611637
🎯 Take profit 1: 0.0449178
🎯 Take profit 2: 0.0402762
🎯 Take profit 3: 0.0333136
No need to chase the hype—hype will linger on its own.
Stand side by side with Sister Li, and let every inch of time echo.
#VELVET
Click below to trade 👇