$VELVET /USDT | Bias: SHORT | Confidence 93%
Levels:
Entry: 0.0575 – 0.05644
SL: 0.0605
TP1: 0.0530
TP2: 0.0495
TP3: 0.0455
Why:
Rejection from highs with accelerated sell-off and break of key supports. The buying momentum disappears and price forms lower highs. Pullbacks fail to hold gains. If it rises above 0.0605, the idea is invalidated.#Binance
Levels:
Entry: 0.0575 – 0.05644
SL: 0.0605
TP1: 0.0530
TP2: 0.0495
TP3: 0.0455
Why:
Rejection from highs with accelerated sell-off and break of key supports. The buying momentum disappears and price forms lower highs. Pullbacks fail to hold gains. If it rises above 0.0605, the idea is invalidated.#Binance
