VELVET short setup: the levels I'm watching
🔴 SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0683569 – 0.0687031
TP1: 0.0646292 (-5.7%)
TP2: 0.0620286 (-9.5%)
TP3: 0.0581277 (-15.2%)
SL: 0.0737311 (+7.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 4/12 signals agree, 0 against, 8 undecided.
• Daily trend: price < EMA50 < EMA200, bearish stack → the big-picture trend is down
• Trend strength (ADX/DI, 15m): ADX 38.2 with sellers in control (DI+ 13.1 vs DI− 21.7) → sellers are driving the move
• 1h RSI: 36.9, bearish momentum (below 45) → sellers have the momentum
Why I like it:
The daily trend reads bearish, and 4/12 signals aligned favour the short side. The plan is to work the 0.0683569 – 0.0687031 zone, scale out at 0.0646292 and 0.0620286, and stay patient for 0.0581277. A move through 0.0737311 means the idea is wrong and the stop does its job.
Does VELVET tag 0.0646292 first, or the stop?
Full setup on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
🔴 SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0683569 – 0.0687031
TP1: 0.0646292 (-5.7%)
TP2: 0.0620286 (-9.5%)
TP3: 0.0581277 (-15.2%)
SL: 0.0737311 (+7.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 4/12 signals agree, 0 against, 8 undecided.
• Daily trend: price < EMA50 < EMA200, bearish stack → the big-picture trend is down
• Trend strength (ADX/DI, 15m): ADX 38.2 with sellers in control (DI+ 13.1 vs DI− 21.7) → sellers are driving the move
• 1h RSI: 36.9, bearish momentum (below 45) → sellers have the momentum
Why I like it:
The daily trend reads bearish, and 4/12 signals aligned favour the short side. The plan is to work the 0.0683569 – 0.0687031 zone, scale out at 0.0646292 and 0.0620286, and stay patient for 0.0581277. A move through 0.0737311 means the idea is wrong and the stop does its job.
Does VELVET tag 0.0646292 first, or the stop?
Full setup on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
