VELVET short setup: the levels I'm watching
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0683569 â 0.0687031
TP1: 0.0646292 (-5.7%)
TP2: 0.0620286 (-9.5%)
TP3: 0.0581277 (-15.2%)
SL: 0.0737311 (+7.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 4/12 signals agree, 0 against, 8 undecided.
âą Daily trend: price < EMA50 < EMA200, bearish stack â the big-picture trend is down
âą Trend strength (ADX/DI, 15m): ADX 38.2 with sellers in control (DI+ 13.1 vs DIâ 21.7) â sellers are driving the move
âą 1h RSI: 36.9, bearish momentum (below 45) â sellers have the momentum
Why I like it:
The daily trend reads bearish, and 4/12 signals aligned favour the short side. The plan is to work the 0.0683569 â 0.0687031 zone, scale out at 0.0646292 and 0.0620286, and stay patient for 0.0581277. A move through 0.0737311 means the idea is wrong and the stop does its job.
Does VELVET tag 0.0646292 first, or the stop?
Full setup on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž 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.
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0683569 â 0.0687031
TP1: 0.0646292 (-5.7%)
TP2: 0.0620286 (-9.5%)
TP3: 0.0581277 (-15.2%)
SL: 0.0737311 (+7.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 4/12 signals agree, 0 against, 8 undecided.
âą Daily trend: price < EMA50 < EMA200, bearish stack â the big-picture trend is down
âą Trend strength (ADX/DI, 15m): ADX 38.2 with sellers in control (DI+ 13.1 vs DIâ 21.7) â sellers are driving the move
âą 1h RSI: 36.9, bearish momentum (below 45) â sellers have the momentum
Why I like it:
The daily trend reads bearish, and 4/12 signals aligned favour the short side. The plan is to work the 0.0683569 â 0.0687031 zone, scale out at 0.0646292 and 0.0620286, and stay patient for 0.0581277. A move through 0.0737311 means the idea is wrong and the stop does its job.
Does VELVET tag 0.0646292 first, or the stop?
Full setup on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž 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.
