$VELVET Short Continuation — Sellers Still in Full Control

Entry: 0.46 – 0.49

SL: 0.58

TP1: 0.40

TP2: 0.32

TP3: 0.25

The sharp breakdown has completely shifted market structure to the downside. Until buyers reclaim the 0.60 area, rallies may continue to face heavy selling pressure and lower targets remain in play.