🚨Emergency VELVET contract short signal: Brothers, VELVET is showing a clear downward trend now! The MACD for both the 4-hour and 15-minute charts have crossed into bearish territory, and the 15-minute moving average is also in a bearish arrangement, with both short-term and medium-term trends heading down. Just now, the 4-hour price dropped by 2%, and the current price is stuck at 0.25, which could accelerate the decline at any moment! Now is the perfect time to short; missing this opportunity means just staring in disbelief!
【Market Data】:
The market is one-sided, with buy depth only one-third of sell depth. The bulls in the market are still holding on, but the funding rate is relatively high, and the long-short ratio and large holders lean towards 1 or above, indicating that some people haven't run away yet. At this time, the space for bears to push down is larger! Both buying and selling activities have cooled off, and a new wave of selling pressure could erupt at any moment.
🔥Trading Advice:
VELVET - Short - Take Profit 5%
$VELVET
VELVETUSDT
Perp
0.21802
-0.98%
Get on board now, don’t hesitate!
💡Don’t hesitate, seize the opportunity, click on the market card to start trading; the market is highly volatile, be sure to set stop-losses in time and strictly control your position.
