Insiders are calling this the quiet short setup of the year on $VELVET /USDT.
$VELVET - 🟢 SHORT · Conf 81%
Trade Plan:
Entry: 0.0524638 – 0.0527362
SL: 0.0556585
TP1: 0.0503061
TP2: 0.0487768
TP3: 0.0464829
Why this setup?
Why now? The daily trend is bearish, giving this setup directional tailwinds, and the 1h price sits right at the entry reference of 0.0526000, aligning with the entry zone between 0.0524638 and 0.0527362. The 15m RSI at 46.98 shows room to run lower before oversold, while the 1h ATR of 0.001275 quantifies the volatility size needed for the targets. The first target sits at 0.0503061, with a deeper objective at 0.0487768, and the trade is invalidated if price pushes above 0.0556585.
Debate:
Are we hitting TP2 at 0.0487768 or getting trapped before the SL?
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 - 🟢 SHORT · Conf 81%
Trade Plan:
Entry: 0.0524638 – 0.0527362
SL: 0.0556585
TP1: 0.0503061
TP2: 0.0487768
TP3: 0.0464829
Why this setup?
Why now? The daily trend is bearish, giving this setup directional tailwinds, and the 1h price sits right at the entry reference of 0.0526000, aligning with the entry zone between 0.0524638 and 0.0527362. The 15m RSI at 46.98 shows room to run lower before oversold, while the 1h ATR of 0.001275 quantifies the volatility size needed for the targets. The first target sits at 0.0503061, with a deeper objective at 0.0487768, and the trade is invalidated if price pushes above 0.0556585.
Debate:
Are we hitting TP2 at 0.0487768 or getting trapped before the SL?
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.
