Guy's open big short on $VELVET now and let's celebrate later
Short $VELVET
Entry: 0.900 - 1.05
SL: 1.20
TP1: 0.850
TP2: 0.800
TP3: 0.740
TP4: 0.680
Why:
VELVET has suffered a sharp rejection from 1.2473 and just printed a heavy bearish candle with strong selling volume. Price has fallen below MA(7) and MA(25), while MACD has turned bearish with expanding negative momentum. A weak bounce into 0.900-0.950 could offer another short opportunity toward the lower support zones.
📩 DM me on X to know how to join my premium group for high quality trade setups.
#Altcoin Season# #Macro Insights#
Short $VELVET
Entry: 0.900 - 1.05
SL: 1.20
TP1: 0.850
TP2: 0.800
TP3: 0.740
TP4: 0.680
Why:
VELVET has suffered a sharp rejection from 1.2473 and just printed a heavy bearish candle with strong selling volume. Price has fallen below MA(7) and MA(25), while MACD has turned bearish with expanding negative momentum. A weak bounce into 0.900-0.950 could offer another short opportunity toward the lower support zones.
📩 DM me on X to know how to join my premium group for high quality trade setups.
#Altcoin Season# #Macro Insights#