🔴 SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong

Entry: 0.0519108 – 0.0520892
TP1: 0.0506952 (-2.5%)
TP2: 0.0498253 (-4.2%)
TP3: 0.0485204 (-6.7%)
SL: 0.0537398 (+3.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

VELVET is sliding through a bearish stack across all timeframes.

Why SHORT? 6/12 signals agree, 0 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)

The daily trend is bearish, and the 1h price at 0.0520000 sits below the 4h EMA50 inside a bearish stack, keeping sellers in control.

Where do you place your invalidation level?

Chart with every level below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.