$VELVET / USDT — Short Setup
$VELVET is in a strong 4H downtrend, dropping from $1.00+ and printing lower lows. The $0.50 level is key support—a breakdown or rejection here signals the next drop.
Entry: $0.515 – $0.540
TP1: $0.480
TP2: $0.440
TP3: $0.400
Stop Loss (SL): $0.575
Note: A clean loss of $0.500 confirms bearish momentum. A reclaim of $0.575 invalidates the short.
$VELVET
#EthereumFoundationLaunchesGlamsterdamTestnet #DollarFallsTo10WeekLow #US30YearYieldHitsHighestSince2007 #IAEAToRemoveNuclearMaterialFromSyriaSite
$VELVET is in a strong 4H downtrend, dropping from $1.00+ and printing lower lows. The $0.50 level is key support—a breakdown or rejection here signals the next drop.
Entry: $0.515 – $0.540
TP1: $0.480
TP2: $0.440
TP3: $0.400
Stop Loss (SL): $0.575
Note: A clean loss of $0.500 confirms bearish momentum. A reclaim of $0.575 invalidates the short.
$VELVET
#EthereumFoundationLaunchesGlamsterdamTestnet #DollarFallsTo10WeekLow #US30YearYieldHitsHighestSince2007 #IAEAToRemoveNuclearMaterialFromSyriaSite