đš $VELVET REJECTED AT MAJOR RESISTANCE AS SMART MONEY PROVOKES A SHORTS SETUP! đ
Entry: 0.04685 - 0.04706 âĄ
Target: 0.04459 đ
Stop Loss: 0.04810 â ïž
The recent recovery on $VELVET stalled hard against overhead institutional supply, leaving a clean structural rejection wick. đ Sellers are stepping back in to defend this inefficiency zone as momentum indicators roll over on lower timeframes.
With buyers losing grip below resistance, order flow points toward a liquidity sweep into deeper support pockets. đ Are you positioning short here or waiting for a confirmed break of local swing lows first? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #VELVET #ShortSetup #MarketStructure #Crypto
đŠ đ
Entry: 0.04685 - 0.04706 âĄ
Target: 0.04459 đ
Stop Loss: 0.04810 â ïž
The recent recovery on $VELVET stalled hard against overhead institutional supply, leaving a clean structural rejection wick. đ Sellers are stepping back in to defend this inefficiency zone as momentum indicators roll over on lower timeframes.
With buyers losing grip below resistance, order flow points toward a liquidity sweep into deeper support pockets. đ Are you positioning short here or waiting for a confirmed break of local swing lows first? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #VELVET #ShortSetup #MarketStructure #Crypto
đŠ đ
