🚨 $VELVET CRACKS LOCAL STRUCTURE AS BEARS EYE A SLIDE TOWARD SUPPORT 📉

Entry: 0.07098 – 0.07142 ⚡
Target: 0.06800, 0.06585, 0.05760 🎯
Stop Loss: 0.07409 🛑

Sellers are suffocating the bid on $VELVET , pressing price through local floor levels as distribution gains traction. 📉 With 0.07098 giving way under steady sell-side volume, the path of least resistance tilts decisively south.

📌 A clean breakdown through 0.06800 strips away the remaining bids, leaving an open air pocket straight down toward the 0.06585 liquidity shelf and the deeper 0.05760 demand block. 🌊

💬 Are you shorting this distribution or waiting for buyers to mount a defensive stand at 0.06585? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #VELVET #ShortSetup #CryptoTrading #Bearish #Altcoins

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