🚨 $VELVET /USDT: The Pump is a Trap! 🚨
Everyone is chasing the hype, but the charts just triggered a massive Fake Breakout confirmation at 0.109648. With the 1D trend remaining strictly range-bound, there’s zero macro support to stop this drop.
Why the Bears are Winning:
The Trap: 4H bias shows a 95% SHORT confidence.
Momentum: 15m RSI is sliding down at 29.13—oversold, but refusing to bounce.
Volatility: ATR sits at 0.00293, perfectly primed for a quick flush.
📉 THE TRADE PLAN
Entry Range: 0.109315 – 0.109981
Stop Loss (SL): 0.112849
Take Profit 1 (TP1): 0.107247 (-2.2%)
Take Profit 2 (TP2): 0.105647
Take Profit 3 (TP3): 0.103246
The Debate: Are you catching the falling knife, or riding the wave down with us?
👇 Trade Here 👇
VELVETUSDT
دائم
0.09361
-6.51%