VELVET is extending below its daily stack.
📓 Trade note | VELVET
$VELVET /USDT · Bias: SHORT · 6/12 signals aligned
Technical verdict: STRONG SHORT. 6 of 12 signals aligned, 1 against.
What supports it (6):
• Daily trend: price < EMA50 < EMA200, bearish stack
• 4h trend: price < EMA50 < EMA200, bearish stack
• Trend strength (ADX/DI, 15m): ADX 60.0 with sellers in control (DI+ 9.4 vs DI− 31.0)
• 4h RSI: 34.2, bearish momentum (below 45)
What argues against (1):
• Distance from 1h EMA50: −3.4 ...
$QNT
{future}(QNTUSDT)
SHORT
ENTRY - 225, 230, 235
LEVERAGE : 20X
TARGETS : 217, 208, 196, 183, 170, 150
STOP-LOSS : 241
Been watching $SUI lately and honestly, today's candle looks pretty rough. Could flip around before close, but if it doesn't... yeah, I'm probably gonna scoop some up.
Got three spots I'm eyeing:
$1.13 — if it sweeps down here, interesting
$1.05 — this is the big one for me if I'm holding anything longer than a few days
$0.88 — really hoping we don't get this low, that'd be a bit grim
Not saying any of this is guaranteed, just where my head's at. Market's been weird enough that anything can...
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