🚨 $VELVET SHOWS WEAKNESS AT RESISTANCE AS SELLERS PREPARE TO PUSH LOWER 📉
Entry: 0.14805180 - 0.14834820 ⚡
Target: 0.14726634 - 0.14553240 🎯
Stop Loss: 0.14983020 ⚠️
Buyers are losing traction right into local supply, with order flow showing distinct signs of institutional distribution. 📊 The immediate bounce lacked follow-through volume, creating a prime window for bears to step in and drive price toward lower liquidity pockets.
📌 A clean rejection in this sell zone opens up a smooth glide path toward our downside objectives as long as market structure holds. 🔍 Risk-to-reward favors the short side nicely, setting up a high-probability rotation. 💬 Are you taking the short entry here or waiting for lower confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading #Bearish
📉 🐻
Entry: 0.14805180 - 0.14834820 ⚡
Target: 0.14726634 - 0.14553240 🎯
Stop Loss: 0.14983020 ⚠️
Buyers are losing traction right into local supply, with order flow showing distinct signs of institutional distribution. 📊 The immediate bounce lacked follow-through volume, creating a prime window for bears to step in and drive price toward lower liquidity pockets.
📌 A clean rejection in this sell zone opens up a smooth glide path toward our downside objectives as long as market structure holds. 🔍 Risk-to-reward favors the short side nicely, setting up a high-probability rotation. 💬 Are you taking the short entry here or waiting for lower confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading #Bearish
📉 🐻