đš Trade Alert: $VELVET Short Opportunity đš
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 â indicating heavy selling pressure and possible continuation to the downside.
đ» Pair: $VELVET
đ» Position: Short
đ Entry: Current Market Price (CMP) ~ 1.51
đŻ Take Profit Targets:
âą 1.40
âą 1.30
âą 1.20
âą 1.00
đ Stop Loss: 1.65
â ïž 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.
đĄ Trade smart, manage your risk, and always use proper position sizing.
#VELVET #CryptoSignals
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 â indicating heavy selling pressure and possible continuation to the downside.
đ» Pair: $VELVET
đ» Position: Short
đ Entry: Current Market Price (CMP) ~ 1.51
đŻ Take Profit Targets:
âą 1.40
âą 1.30
âą 1.20
âą 1.00
đ Stop Loss: 1.65
â ïž 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.
đĄ Trade smart, manage your risk, and always use proper position sizing.
#VELVET #CryptoSignals