Everyone watching the bounce is about to get caught short.
$VELVET /USDT - 🟢 SHORT · Conf 70%
Trade Plan:
Entry: 0.0566335 – 0.0569665
SL: 0.0612069
TP1: 0.0534949
TP2: 0.0512914
TP3: 0.0479863
Why this setup?
Why now? The 1h price sits at 0.0568000 inside a tight entry zone between 0.0566335 and 0.0569665, while the 15m RSI at 39.87 shows bearish momentum without being oversold. The daily trend is bearish, and the 1h ATR of 0.001836 confirms the move has room to run toward the first target at 0.0534949 and the second target at 0.0512914. This is a trend-following setup, not a counter-trend reversal, so risk is manageable if you respect the line in the sand at 0.0803080, which invalidates the entire bearish structure. The edge is clear: ride the daily momentum while the 1h price respects the entry band and the stop holds.
Debate:
Are you shorting this with a tight stop, or waiting for a pullback to 0.0512914?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
$VELVET /USDT - 🟢 SHORT · Conf 70%
Trade Plan:
Entry: 0.0566335 – 0.0569665
SL: 0.0612069
TP1: 0.0534949
TP2: 0.0512914
TP3: 0.0479863
Why this setup?
Why now? The 1h price sits at 0.0568000 inside a tight entry zone between 0.0566335 and 0.0569665, while the 15m RSI at 39.87 shows bearish momentum without being oversold. The daily trend is bearish, and the 1h ATR of 0.001836 confirms the move has room to run toward the first target at 0.0534949 and the second target at 0.0512914. This is a trend-following setup, not a counter-trend reversal, so risk is manageable if you respect the line in the sand at 0.0803080, which invalidates the entire bearish structure. The edge is clear: ride the daily momentum while the 1h price respects the entry band and the stop holds.
Debate:
Are you shorting this with a tight stop, or waiting for a pullback to 0.0512914?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
