$VELVET is showing weakness at a major resistance zone as a clear double top pattern starts to form 📉🔥

Sellers are stepping in aggressively, and if price fails to reclaim the resistance area, we could see a strong bearish continuation toward lower targets.

🔻 Short Setup on $VELVET

💰 Entry: 0.123$

🛑 Stoploss: 0.135$

🎯 Targets:

➡️ TP1: 0.11$

➡️ TP2: 0.10$

➡️ TP3: 0.09$

Momentum is fading near the highs while rejection candles continue to appear — bears may stay in control as long as resistance holds ⚠️🐻

Trade #VELVET here 👇

#Crypto #Trading #VELVET #Altcoins

VELVETBSC
VELVETUSDT
0.10496
-10.74%