Is VELVET about to keep sliding?
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0566594 â 0.0569206
TP1: 0.0549265 (-3.3%)
TP2: 0.0536841 (-5.5%)
TP3: 0.0518206 (-8.8%)
SL: 0.0592747 (+4.4%)
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? 5/12 signals agree, 1 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
Risk: Range bottom, buyers often step in (RSI z â3.38)
Q: Why short when the daily trend is bearish?
A: Price sits below stacked EMAs, confirming the big picture is down.
Q: When would this setup be wrong?
A: RSI extreme in a range often triggers a bounce from the bottom.
What is your VELVET level?
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: 0.0566594 â 0.0569206
TP1: 0.0549265 (-3.3%)
TP2: 0.0536841 (-5.5%)
TP3: 0.0518206 (-8.8%)
SL: 0.0592747 (+4.4%)
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? 5/12 signals agree, 1 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
Risk: Range bottom, buyers often step in (RSI z â3.38)
Q: Why short when the daily trend is bearish?
A: Price sits below stacked EMAs, confirming the big picture is down.
Q: When would this setup be wrong?
A: RSI extreme in a range often triggers a bounce from the bottom.
What is your VELVET level?
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.
