🔻 HEAVY SELLER REJECTION AT RESISTANCE SENDS $VELVET INTO LIQUIDITY DRAIN! 📉
Entry: 0.0712 - 0.0734 🔥
Target: 0.0635 🎯
Stop Loss: 0.0790 🛑
Buyers just got rejected hard at the upper supply zone, leaving late long positions trapped near the local top. 📊 Order flow indicates sharp institutional absorption as sell volume begins dominating the order book.
With momentum stalling and buy bids drying up rapidly, the path of least resistance tilts heavily downward toward deeper liquidity pockets. 📉 Structure favours a clean breakdown as exhaustion sets in.
🤔 Are you taking the short down to lower support or watching from the sidelines? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading #Bearish
📉 🐻
Entry: 0.0712 - 0.0734 🔥
Target: 0.0635 🎯
Stop Loss: 0.0790 🛑
Buyers just got rejected hard at the upper supply zone, leaving late long positions trapped near the local top. 📊 Order flow indicates sharp institutional absorption as sell volume begins dominating the order book.
With momentum stalling and buy bids drying up rapidly, the path of least resistance tilts heavily downward toward deeper liquidity pockets. 📉 Structure favours a clean breakdown as exhaustion sets in.
🤔 Are you taking the short down to lower support or watching from the sidelines? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading #Bearish
📉 🐻
