$VELVET is under heavy selling pressure on the 4H chart, with price falling sharply from above $1.00 and forming consecutive lower lows. The $0.50 area is now critical support, so a breakdown or confirmed rejection can open another bearish leg.

Short Entry: $0.515–$0.540

TP1: $0.480
TP2: $0.440
TP3: $0.400

SL: $0.575

A clean break below $0.500 would strengthen the bearish continuation. If price reclaims $0.575, the short setup is invalid.

Buy and Trade

$SNDK
$KAITO