VELVETUSDT is showing exhaustion within a crowded long-heavy range. We are looking for a liquidity sweep to the downside.
$VELVET

Bias:
Bearish bias within a sideways range.

Trade Plan

Entry: 0.13

SL: 0.130781

TP: 0.128829 / 0.08944

Market Evidence:

• OI expanding (+7.8%) suggests new positioning entering the range.

• L/S Ratio at 2.21 indicates heavy retail long crowding.

• Negative funding suggests traders are betting against the move, fueling potential volatility.

Risk:

• High uncertainty due to sideways structure and weak signal quality.

Watch:

Monitor for a breakdown below range support to confirm the move.

I'll update this setup if market conditions evolve.

#VELVETUSDT #CryptoTrading #ShortSetup