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$VELVET Price is in a strong bearish trend after a sharp sell-off. Market is trading below EMA(7), EMA(25) & EMA(99), showing sellers are still in control. Buy Zone (Dip Buy): • $0.136 – $0.140 (strong support & recent wick low) Sell / Resistance: • $0.152 – $0.158 (EMA zone & pullback resistance) Invalidation: • Sustained break above $0.160 Bias: Bearish → Relief bounce possible, but trend remains weak until price reclaims EMA(25). Safer strategy is buy near support or sell on pullback rejection. {alpha}(560x8b194370825e37b33373e74a41009161808c1488)
$LIGHT Price is currently consolidating after a sharp dump and bounce. Market structure is weak and price is trading below EMA(25) & EMA(99), indicating bearish pressure. Buy Zone: • $0.50 – $0.52 (strong demand & previous base) Sell / Resistance: • $0.58 – $0.60 (EMA zone & rejection area) Invalidation: • Daily close above $0.62 Bias: Neutral → Bearish until a strong breakout above resistance. Safer approach is to wait for dip buys near support or sell on rejection at resistance. Always manage risk and wait for confirmation. ⚠️📊 {alpha}(560x477c2c0459004e3354ba427fa285d7c053203c0e)