🚹 Trade Alert: $VELVET Short Opportunity 🚹

The chart shows a strong rejection from the highs with massive bearish momentum. After a sharp pump, price failed to hold and formed a long red candle — indicating heavy selling pressure and possible continuation to the downside.

đŸ”» Pair: $VELVET
đŸ”» Position: Short

📍 Entry: Current Market Price (CMP) ~ 1.51
🎯 Take Profit Targets:
‱ 1.40
‱ 1.30
‱ 1.20
‱ 1.00

🛑 Stop Loss: 1.65

⚠ Momentum is clearly shifting bearish after a liquidity grab near the highs. If price sustains below 1.50, we could see further downside toward the mentioned targets.

💡 Trade smart, manage your risk, and always use proper position sizing.
#VELVET #CryptoSignals