$VELVET coiling up for a downside breakout as sellers load up

💰 $VELVET
🔴 SHORT: Market Price

🎯 TP 1: 0.5900
🎯 TP 2: 0.5500
🎯 TP 3: 0.5000
🛑 StopLoss: 0.7000

Sellers are positioned and ready to push, with the ranging price action looking fragile. A breakdown below this consolidation zone could trigger a sharp move lower.

TRADE $VELVET HERE 👇🏻