$VELVET
SHORT SETUP CONFIRMED
Breakdown below 24h low with volume acceleration. Momentum firmly bearish.
EP: 0.4530 – 0.4540
TP1: 0.4450
TP2: 0.4380
TP3: 0.4300
SL: 0.4620 (tight, above recent rejection)
Risk 1% – scale out at each TP. Watch for volume spike near TP1 for potential continuation.
Confluence: price trading below all major MAs, SAR flipped, and selling pressure increasing.
Conviction: HIGH
Execute with discipline.
$VELVET
SpaceXLosesOver$600BInThreeDays
#BinanceMarginToListXLMTradingPairs
SHORT SETUP CONFIRMED
Breakdown below 24h low with volume acceleration. Momentum firmly bearish.
EP: 0.4530 – 0.4540
TP1: 0.4450
TP2: 0.4380
TP3: 0.4300
SL: 0.4620 (tight, above recent rejection)
Risk 1% – scale out at each TP. Watch for volume spike near TP1 for potential continuation.
Confluence: price trading below all major MAs, SAR flipped, and selling pressure increasing.
Conviction: HIGH
Execute with discipline.
$VELVET
SpaceXLosesOver$600BInThreeDays
#BinanceMarginToListXLMTradingPairs