VELVET narrative rotation losing steam

🔴 $VELVET - SHORT

Trade Plan:
Current Price: 0.090
Entry Zone: 0.089 - 0.091
SL: 0.095
TP1: 0.084
TP2: 0.079
TP3: 0.072

VELVET is showing clear signs of narrative fatigue with a lower high forming at resistance on declining volume and weakening relative strength. The entry zone sits at the retest where selling pressure has consistently appeared.

Will VELVET roll over from this rotation?

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$VELVET

VELVETUSDT

Бесср

0.11419

+17.04%