Insiders are fading the bounce on $VELVET /USDT right now.
$VELVET - 🟢 SHORT · Conf 81%
Trade Plan:
Entry: 0.0515775 – 0.0518225
SL: 0.0545348
TP1: 0.0495739
TP2: 0.0481565
TP3: 0.0460304
Why this setup?
Why now? The daily trend is bearish, and the 1h price is sitting at 0.0517000, which aligns with the entry reference for a short bias. The 15m RSI at 46.31 shows momentum is still leaning bearish, not yet oversold, giving us room to run. The 1h ATR of 0.00118 tells us volatility is modest, s...