VELVET sits below stacked bearish EMAs on the daily chart.
🔴 SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0640811 – 0.0642789
TP1: 0.0626008 (-2.5%)
TP2: 0.0615480 (-4.1%)
TP3: 0.0599688 (-6.6%)
SL: 0.0662856 (+3.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? What I checked: 5/12 agree, 0 against.
• Daily trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 35.2)
Watch: The idea is wrong if price reaches the stop at 0.0662856
Verdict: The daily bearish stack supports a short, but the 4h swing trend is mixed and conviction is moderate.
Where would you place your invalidation level for VELVET?
Levels mapped on the chart below.
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⚠️ 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: 0.0640811 – 0.0642789
TP1: 0.0626008 (-2.5%)
TP2: 0.0615480 (-4.1%)
TP3: 0.0599688 (-6.6%)
SL: 0.0662856 (+3.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? What I checked: 5/12 agree, 0 against.
• Daily trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 35.2)
Watch: The idea is wrong if price reaches the stop at 0.0662856
Verdict: The daily bearish stack supports a short, but the 4h swing trend is mixed and conviction is moderate.
Where would you place your invalidation level for VELVET?
Levels mapped 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.