๐ $VELVET BREAKS MARKET STRUCTURE AS INSTITUTIONAL SELLERS EXPAND RANGE LIQUIDITY ๐ป
Entry: 0.0728714 โ 0.0731686 โก
Target: 0.0705907 ๐ฏ
Stop Loss: 0.0762590 โ ๏ธ
๐ The macro structure for $VELVET remains heavily capped beneath the daily EMA50 and EMA200 resistance band. Lower timeframe order flow displays aggressive seller dominance, backed by a strong 15-minute ADX print above 43.
๐ Momentum favors continuation toward discount liquidity pools with the hourly RSI pinned below 40. A structural reclaim above the 1-hour EMA50 cleanly invalidates this short thesis.
๐ค Are you positioning inside this supply zone or waiting for structural confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #VELVET #ShortSetup #PriceAction #Crypto
๐ฏ ๐ฆ
Entry: 0.0728714 โ 0.0731686 โก
Target: 0.0705907 ๐ฏ
Stop Loss: 0.0762590 โ ๏ธ
๐ The macro structure for $VELVET remains heavily capped beneath the daily EMA50 and EMA200 resistance band. Lower timeframe order flow displays aggressive seller dominance, backed by a strong 15-minute ADX print above 43.
๐ Momentum favors continuation toward discount liquidity pools with the hourly RSI pinned below 40. A structural reclaim above the 1-hour EMA50 cleanly invalidates this short thesis.
๐ค Are you positioning inside this supply zone or waiting for structural confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #VELVET #ShortSetup #PriceAction #Crypto
๐ฏ ๐ฆ