VELVET sits below stacked bearish EMAs on the daily chart.
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0640811 â 0.0642789
TP1: 0.0626008 (-2.5%)
TP2: 0.0615480 (-4.1%)
TP3: 0.0599688 (-6.6%)
SL: 0.0662856 (+3.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? What I checked: 5/12 agree, 0 against.
âą Daily trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers have the momentum (4h RSI 35.2)
Watch: The idea is wrong if price reaches the stop at 0.0662856
Verdict: The daily bearish stack supports a short, but the 4h swing trend is mixed and conviction is moderate.
Where would you place your invalidation level for VELVET?
Levels mapped on the chart below.
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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: 0.0640811 â 0.0642789
TP1: 0.0626008 (-2.5%)
TP2: 0.0615480 (-4.1%)
TP3: 0.0599688 (-6.6%)
SL: 0.0662856 (+3.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? What I checked: 5/12 agree, 0 against.
âą Daily trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers have the momentum (4h RSI 35.2)
Watch: The idea is wrong if price reaches the stop at 0.0662856
Verdict: The daily bearish stack supports a short, but the 4h swing trend is mixed and conviction is moderate.
Where would you place your invalidation level for VELVET?
Levels mapped 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.