🚨 $VELVET BEARS PIN DOWN LOWER TIMEFRAMES AS RESISTANCE REJECTION LOOMS! 📉
Entry: 0.0688469 - 0.0691131 ⚡
Target: 0.0663756 - 0.0620349 🎯
Stop Loss: 0.0724525 🛑
The macro structure on $VELVET remains heavily suppressed beneath both the 50 and 200 EMAs across daily and four-hour timeframes. 📉 Sellers continue to control broader order flow, making this short-term fifteen-minute push look like classic counter-trend relief directly into overhead supply.
📌 Four-hour RSI sits at 40.5 with plenty of room to expand downward once buyers exhaust this local bounce. 💬 Are you fading this relief rally into resistance, or waiting for lower prices before stepping in? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #Altcoins #Crypto
🎯 🐻
Entry: 0.0688469 - 0.0691131 ⚡
Target: 0.0663756 - 0.0620349 🎯
Stop Loss: 0.0724525 🛑
The macro structure on $VELVET remains heavily suppressed beneath both the 50 and 200 EMAs across daily and four-hour timeframes. 📉 Sellers continue to control broader order flow, making this short-term fifteen-minute push look like classic counter-trend relief directly into overhead supply.
📌 Four-hour RSI sits at 40.5 with plenty of room to expand downward once buyers exhaust this local bounce. 💬 Are you fading this relief rally into resistance, or waiting for lower prices before stepping in? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #Altcoins #Crypto
🎯 🐻