🚨 $VELVET Imploding: Shorting Opportunity! 📉

Entry: 0.1460 - 0.1480

SL: 0.1530

TP: 0.1420 - 0.1380 - 0.1320

$VELVET is showing serious weakness. Price is stuck below resistance, painting a clear picture of descending lower highs and lower lows. 🐻 Buying pressure is virtually nonexistent, and the recent sideways movement? Just consolidation before the next leg down.

As long as $VELVET remains beneath that critical resistance level, expect sellers to dominate and drive the price toward significant demand zones. Keep an eye on $FLOW and $COLLECT as potential correlated moves.

#Velvet #Shorting #CryptoTrading #Bearish 🚀

VELVET

Alpha

0.11057

+0.02%

FLOWUSDT

دائم

0.04526

-7.31%

COLLECT

Alpha

0.041644

+9.67%