$VELVET Rejection Below $0.0563 Could Open the Way Toward $0.052
Trade Setup: Short
Entry Zone: 0.05615 – 0.05633
TP1: 0.05500
TP2: 0.05350
TP3: 0.05193
SL: 0.05806
VELVET is showing repeated rejection around the 0.0563 resistance area after the recent sharp move higher.
A breakdown from the current zone could trigger a deeper pullback toward the marked support, while 0.05806 remains the key invalidation level.
Trade Here On $VELVET 👇
Trade Setup: Short
Entry Zone: 0.05615 – 0.05633
TP1: 0.05500
TP2: 0.05350
TP3: 0.05193
SL: 0.05806
VELVET is showing repeated rejection around the 0.0563 resistance area after the recent sharp move higher.
A breakdown from the current zone could trigger a deeper pullback toward the marked support, while 0.05806 remains the key invalidation level.
Trade Here On $VELVET 👇
