Guy's short now $VELVET with 20x leverage max.....
The momentum that pushed $VELVET to new highs is fading, and sellers are starting to take control. After a strong rally, the chart is finally showing signs of exhaustion.
Entry: $0.318 - $0.330
TP1: $0.300
TP2: $0.280
TP3: $0.250
SL: $0.350
The key now is whether
#VELVET can hold the $0.300 area. If that level breaks, downside momentum could accelerate quickly.
Margin: 2–3% of wallet
Leverage: Up to 10x with proper risk management.
The trend was strong, but right now the pressure is shifting to the downside. 🔻
Buy now and trade here on $VELVET