🚨 $VELVET HEAVY REJECTION INCOMING AS OVERHEAD SUPPLY TRAPS IMPULSIVE BUYERS! 📉
Entry: CMP - 0.0825 ⚡
Target: 0.0750 - 0.0660 🎯
Stop Loss: 0.0910 ⚠️
$VELVET is showing clear momentum decay near overhead supply, with buyers losing drive on every attempt to push higher. 📉 The current structure favors fading shallow bounces up to the 0.0825 resistance cluster where smart money continues to distribute position sizes.
A clean rejection around this zone opens the gates for an aggressive liquidity sweep into lower support zones. 📊 Waiting for a weak relief rally before fading the move ensures an optimal risk-to-reward window for this downside swing. 🔍
💬 Are you waiting for a rejection trigger on the lower timeframes or already scaling in? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Altcoins #Crypto
📉 🩸
Entry: CMP - 0.0825 ⚡
Target: 0.0750 - 0.0660 🎯
Stop Loss: 0.0910 ⚠️
$VELVET is showing clear momentum decay near overhead supply, with buyers losing drive on every attempt to push higher. 📉 The current structure favors fading shallow bounces up to the 0.0825 resistance cluster where smart money continues to distribute position sizes.
A clean rejection around this zone opens the gates for an aggressive liquidity sweep into lower support zones. 📊 Waiting for a weak relief rally before fading the move ensures an optimal risk-to-reward window for this downside swing. 🔍
💬 Are you waiting for a rejection trigger on the lower timeframes or already scaling in? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELVET #ShortSetup #Altcoins #Crypto
📉 🩸
