$VELVET — Rejection Locked In, Pullback Loading ⚠️

The rally is losing steam. Sharp rejection near 0.124 and fading momentum signal exhaustion at the top — sellers are stepping in and liquidity below is calling.

Short Setup 🔻

Entry: 0.118 – 0.122

Stop Loss: 0.126

Targets:

• 0.112

• 0.105

• 0.098

Price failing to hold highs points to distribution — a classic setup before a downside move. If pressure continues, this pullback can unfold fast.

Don’t get trapped at the peak — follow the shift.