$VELVET is pressing into an overhead supply zone where the rebound may start fading.

Trading Plan Short $VELVET ( max 20x )

Entry: 0.106 – 0.112

SL: 0.119

TP: 0.099

TP: 0.091

TP: 0.086

This advance is beginning to show strain as upside extension slows and reactions near resistance grow heavier. The structure looks less like sustainable continuation and more like demand running into absorption. If buyers fail to push through this area, rejection could trigger a broader downside rotation.

Trade $VELVET here 👇

VELVETUSDT

Perp

0.11402

+1.51%

DYOR