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Wild & unpredictable price action on $VELVET right now.
Bear trap scenario possible if bulls defend the 0.850 - 0.800 daily zone.
Still, I stay bearish for the coming days. Volatility is insane on both sides lately. DYOR.
Not gonna lie, leverage humbled my portfolio the recent days 🥵 - reminder that I only trade with a small part of my bag. 80%+ remains long term. #Altcoin #volatility