🚨 $VELVET /USDT TRADE SETUP 🚨

Market is currently moving near a major resistance zone after a massive bullish rally 📈

Momentum is slowing down and a pullback/correction looks possible ⚠️

🔻 Preferred Position: SHORT 📉

🔹 Entry Zone: 1.63 – 1.70

🎯 Take Profit Targets:

✅ TP1: 1.50

✅ TP2: 1.35

✅ TP3: 1.18

🛑 Stop Loss: 1.93

📊 Market Analysis:

• Strong rejection near resistance

• Volume slowing down after huge pump

• Possible sideways → bearish correction

• Safer to wait for confirmation before LONG entries

⚠️ If price breaks above 1.93 with strong volume, bearish setup becomes invalid.

#VELVET #VELVETUSDT #Crypto #Binance #Futures #Trading #Short #Bearish

$VELVET

VELVETUSDT

Perp

0.89437

-12.32%

𝐒𝐭𝐨𝐩 𝐠𝐮𝐞𝐬𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭. 🎯

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