đ´ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT ¡ Leaning
Entry: 0.0712757 â 0.0717043
TP1: 0.0661116 (-7.5%)
TP2: 0.0625259 (-12.5%)
TP3: 0.0571475 (-20.1%)
SL: 0.0786612 (+10.0%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Velvet sits below key averages on the daily chart.
Why SHORT? Leaning call, 4/12 signals agree, 1 against, 7 undecided.
⢠Daily trend: price < EMA50 < EMA200, bearish stack â the big-picture trend is down
⢠Trend strength (ADX/DI, 15m): ADX 51.9 with sellers in control (DI+ 9.8 vs DIâ 23.1) â sellers are driving the move
⢠1h RSI: 38.5, bearish momentum (below 45) â sellers have the momentum
Risk: Short-term momentum (15m): RSI z-score +1.22, last candle +0.97%, buyers pressing â buyers are pushing right now
The daily trend shows price below the EMA50 and EMA200, which means the big-picture trend is down. The 1h price is near the entry low of 0.0712757, and the 1h RSI is below 45, so sellers have the momentum.
If you are already short, what level would you use to tighten the stop, or do you wait for the 1h price to reclaim the EMA50 before adding?
Chart with every level below.
đ˛ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ď¸ Personal market analysis only. NFA â 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.
Bias: SHORT ¡ Leaning
Entry: 0.0712757 â 0.0717043
TP1: 0.0661116 (-7.5%)
TP2: 0.0625259 (-12.5%)
TP3: 0.0571475 (-20.1%)
SL: 0.0786612 (+10.0%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Velvet sits below key averages on the daily chart.
Why SHORT? Leaning call, 4/12 signals agree, 1 against, 7 undecided.
⢠Daily trend: price < EMA50 < EMA200, bearish stack â the big-picture trend is down
⢠Trend strength (ADX/DI, 15m): ADX 51.9 with sellers in control (DI+ 9.8 vs DIâ 23.1) â sellers are driving the move
⢠1h RSI: 38.5, bearish momentum (below 45) â sellers have the momentum
Risk: Short-term momentum (15m): RSI z-score +1.22, last candle +0.97%, buyers pressing â buyers are pushing right now
The daily trend shows price below the EMA50 and EMA200, which means the big-picture trend is down. The 1h price is near the entry low of 0.0712757, and the 1h RSI is below 45, so sellers have the momentum.
If you are already short, what level would you use to tighten the stop, or do you wait for the 1h price to reclaim the EMA50 before adding?
Chart with every level below.
đ˛ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ď¸ Personal market analysis only. NFA â 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.
