VELVET is primed for a sharp downturn, with market momentum shifting decisively against the bulls. This short setup is particularly compelling given the recent breakdown in market structure.

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🔴 VELVET SHORT 📉

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📍 Entry Range: $0.741578 – $0.743062

🛑 Stop Loss: $0.764590 (-3.0%)

🎯 TP1: $0.731185 (+1.5%)

🏆 TP2: $0.705204 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 78%

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The combination of a clear market structure break and a well-defined order block has created a high-confidence short setup for VELVET, with the point of interest confluence adding further weight to the trade. The chart is showing a clean overlap of the order block and fair value gap, indicating a strong potential for a downward move. The overall structure suggests that the bears are taking control, making this a promising short opportunity.

A 3.0% stop loss is relatively tight but manageable with moderate leverage, allowing for a reasonable risk-reward profile without overexposing the trade to potential whipsaws.

Taking partial profit at the first target point could be a prudent move, as it allows for the realization of some gains while still leaving room for the trade to reach its full potential.

Not financial advice — always manage your own risk 🙏

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