🚨 $VELVET BEARS PIN LOWER LOWS AS MOMENTUM CASCADES BELOW KEY MOVING AVERAGES! 📉
Entry: 0.0695489 - 0.0699111 ⚡
Target: 0.0664447 🎯
Stop Loss: 0.0741103 🛑
📌 Sellers hold complete control as $VELVET stays heavily compressed under both the 50 and 200 EMAs on the higher timeframes. 📊 Trend strength is confirming this aggressive bleed, with the 15-minute ADX holding above 30 while RSI still leaves substantial room to flush.
💡 The plan is staying patient for that supply retest to catch the rotation straight into the lower demand levels. 💬 Are you loading the short on this reload zone or waiting for fresh lows? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #PriceAction #Crypto
🎯 🐻
Entry: 0.0695489 - 0.0699111 ⚡
Target: 0.0664447 🎯
Stop Loss: 0.0741103 🛑
📌 Sellers hold complete control as $VELVET stays heavily compressed under both the 50 and 200 EMAs on the higher timeframes. 📊 Trend strength is confirming this aggressive bleed, with the 15-minute ADX holding above 30 while RSI still leaves substantial room to flush.
💡 The plan is staying patient for that supply retest to catch the rotation straight into the lower demand levels. 💬 Are you loading the short on this reload zone or waiting for fresh lows? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Bearish #PriceAction #Crypto
🎯 🐻