$VELVET keeps sliding into a bearish stack.
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0507542 â 0.0509858
TP1: 0.0489653 (-3.7%)
TP2: 0.0476955 (-6.2%)
TP3: 0.0457908 (-10.0%)
SL: 0.0534096 (+5.0%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 6/12 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: Price is washed out, bounces are common from here (1h RSI 18.8, oversold)
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0507542 â 0.0509858
TP1: 0.0489653 (-3.7%)
TP2: 0.0476955 (-6.2%)
TP3: 0.0457908 (-10.0%)
SL: 0.0534096 (+5.0%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 6/12 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: Price is washed out, bounces are common from here (1h RSI 18.8, oversold)
