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$VELVET SLIDES INTO DEEP SHORT ZONE – LIQUIDITY SWEEP LOOMS! 🦈
Entry: 0.0563758-0.0566842 ⚡
Target: 0.0544851 🚀
Target: 0.0531218 🎯
Target: 0.0510769 💥
Stop Loss: 0.0592565 ⚠️
📊 EMA‑50/200 on daily, 4H and 1H sit firmly above price, confirming a multi‑timeframe bearish bias. 7 of 12 confluence signals scream short, while RSI sits in the oversold abyss (z‑2.72), a classic liquidity pool for smart money.
🦈 The plan: enter the 0.05638‑0.05668 band, peel‑off 50 % at TP1, then 25 % at each deeper target, tightening the stop to entry after the first fill. This structure isolates risk while letting institutional pressure drive the move.
💬 Do you see the next liquidity grab below the 0.0593 stop, or will the price capitulate at the first target? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#VELVET #ShortSetup #Liquidity #Bearish #Crypto 🦈 🔥