📉 SHORT $VELVET

📍 Entry: $0.37–$0.39

🎯 Targets:

• $0.32

• $0.28

• $0.26

The coin has fallen below the key $0.40 support level, which is a significant bearish signal.

What’s interesting is that many traders are starting to long it here, expecting a bounce. In my view, that’s a mistake. 👀

Those longs could become liquidity for the next move lower.