🔴 $VELVET DAILY TREND BREAKDOWN SIGNALING HEAVY DOWNSTREAM LIQUIDITY SWEEP! 🩸
Entry: 0.0576940 - 0.0583060 ⚡
Target: 0.0538902 🚀
Stop Loss: 0.0634798 ⚠️
While retail traders search for relief bounces, the daily market structure on $VELVET is signaling a clean distribution phase. 📊 Momentum indicators are rolling over, with the 15-minute RSI sitting at 44.61 and offering substantial runway for sellers to drive price downward.
📌 Sellers are capping price near the 0.0580000 supply cluster, setting up a high-probability path toward lower liquidity zones. 💡 The ATR volatility framework supports measured downside expansions through key target levels.
💬 Are you scaling into this short within the entry zone or waiting for price to hit TP1 first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #CryptoTrading
🎯 🐻
Entry: 0.0576940 - 0.0583060 ⚡
Target: 0.0538902 🚀
Stop Loss: 0.0634798 ⚠️
While retail traders search for relief bounces, the daily market structure on $VELVET is signaling a clean distribution phase. 📊 Momentum indicators are rolling over, with the 15-minute RSI sitting at 44.61 and offering substantial runway for sellers to drive price downward.
📌 Sellers are capping price near the 0.0580000 supply cluster, setting up a high-probability path toward lower liquidity zones. 💡 The ATR volatility framework supports measured downside expansions through key target levels.
💬 Are you scaling into this short within the entry zone or waiting for price to hit TP1 first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #CryptoTrading
🎯 🐻
