đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0698416 â 0.0702384
TP1: 0.0666690 (-4.8%)
TP2: 0.0644216 (-8.0%)
TP3: 0.0610506 (-12.8%)
SL: 0.0745347 (+6.4%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Is VELVET ready to drop again?
Why SHORT? 5/12 signals agree, 0 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
The daily trend is bearish, with price below both EMAs, so the big-picture bias is down. The 1h RSI sits at 37, which means sellers are still in control.
Where would you set your invalidation level?
Chart with every level 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.
Bias: SHORT · Leaning
Entry: 0.0698416 â 0.0702384
TP1: 0.0666690 (-4.8%)
TP2: 0.0644216 (-8.0%)
TP3: 0.0610506 (-12.8%)
SL: 0.0745347 (+6.4%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Is VELVET ready to drop again?
Why SHORT? 5/12 signals agree, 0 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
The daily trend is bearish, with price below both EMAs, so the big-picture bias is down. The 1h RSI sits at 37, which means sellers are still in control.
Where would you set your invalidation level?
Chart with every level 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.