🚨 $VELVET SHOWS HEAVY SELLER CONTROL AS BEARISH EMAS PRESSURE THE RECLAIM ZONE! 📉
Entry: 0.0718014 – 0.0724386 ⚡
Target: 0.0655065 🎯
Stop Loss: 0.0809381 ⚠️
$VELVET remains trapped beneath a textbook bearish EMA stack on the daily chart, with sellers maintaining firm control of local price action. 📉 An elevated ADX alongside hourly RSI hugging 39 confirms bear momentum is driving every move lower.
📌 Expect supply to wall off attempts into the target entry zone before another leg down toward lower support levels unfolds. 💡 Staying disciplined on invalidation keeps the trade clean while targeting expanded downside liquidity. 💬 Are you taking the short inside this entry window or watching for a deeper breakdown? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #Crypto #Trading
📉 🐻
Entry: 0.0718014 – 0.0724386 ⚡
Target: 0.0655065 🎯
Stop Loss: 0.0809381 ⚠️
$VELVET remains trapped beneath a textbook bearish EMA stack on the daily chart, with sellers maintaining firm control of local price action. 📉 An elevated ADX alongside hourly RSI hugging 39 confirms bear momentum is driving every move lower.
📌 Expect supply to wall off attempts into the target entry zone before another leg down toward lower support levels unfolds. 💡 Staying disciplined on invalidation keeps the trade clean while targeting expanded downside liquidity. 💬 Are you taking the short inside this entry window or watching for a deeper breakdown? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #Crypto #Trading
📉 🐻
