$VELVET just dropped to 0.1281, down over -28.03% in a single day! From a low near 0.1261, it shot up to 0.1862 before cooling off sharply. Heavy bearish candles with high volume show intense momentum — sellers are clearly in control.

Trade Setup 📊

‱ Entry Zone: 0.1270 – 0.1290

‱ Target 1 🎯: 0.1316

‱ Target 2 🎯: 0.1387

‱ Target 3 🎯: 0.1459

‱ Stop Loss: 0.1240

If $VELVET breaks above 0.1316 with volume, expect a strong relief rally — momentum could push it back toward higher resistance fast.


#VELVET

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