$VELVET /USDT SHORT TRADE SETUP

​Entry: 0.05950 – 0.06000

TP1: 0.05850

TP2: 0.05680

TP3: 0.05450

Stop Loss: 0.06180

​Reason:
• Rejection from the major swing high and local resistance at 0.06660
• Formation of a descending trendline creating consistent lower highs
• Price trading below recent moving averages with increasing bearish momentum
• Clear path toward lower liquidity pools near previous demand zones

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​This post is for educational purposes only and is not financial advice. Always manage your risk carefully.