🚨 $VELVET SLAMS INTO RESISTANCE AS SELLERS RECLAIM CONTROL AT THE TOP! 📉
Entry: 0.1063 - 0.1072 ⚡
Target: 0.1020 / 0.0980 / 0.0932 🎯
Stop Loss: 0.1126 ⚠️
$VELVET just got aggressively rejected at the critical 0.1070–0.1087 supply wall, proving buyers lack the momentum to force a breakout. 📊 Sellers are stepping in with heavy size, leaving behind a sharp upper wick that signals order flow is shifting downward.
📌 With buying pressure evaporating on lower timeframes, the path of least resistance tilts straight into lower support targets. 💡 Short-side momentum is building quickly as market participants position for a deeper retracement. 💬 Are you taking the short entry here or waiting for support to crack first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading
📉 🐻
Entry: 0.1063 - 0.1072 ⚡
Target: 0.1020 / 0.0980 / 0.0932 🎯
Stop Loss: 0.1126 ⚠️
$VELVET just got aggressively rejected at the critical 0.1070–0.1087 supply wall, proving buyers lack the momentum to force a breakout. 📊 Sellers are stepping in with heavy size, leaving behind a sharp upper wick that signals order flow is shifting downward.
📌 With buying pressure evaporating on lower timeframes, the path of least resistance tilts straight into lower support targets. 💡 Short-side momentum is building quickly as market participants position for a deeper retracement. 💬 Are you taking the short entry here or waiting for support to crack first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Crypto #Trading
📉 🐻
