Heavy distribution detected on $VELVET as major overhead resistance triggers a sharp rejection.

$VELVET — SHORT

Trade Plan:
Entry: 0.498900 – 0.508500
SL: 0.528500
TP1: 0.476600
TP2: 0.461700
TP3: 0.442300

Why this setup?
Order book metrics from chart confirm heavy sell pressure with Asks dominating at 59.81%.
The 1H chart prints a bearish rejection wick near the 0.51098 resistance level.
4H Bias shows 78% short confidence as volume fades on local relief rallies.

Debate:
Will $VELVET break below 0.461700 today, or will bulls defend the MA(99)?

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