mertyildrim
16 Posts
mertyildrim
Open Trade
High-Frequency Trader
3.9 Years
2 Following
3 Followers
28 Liked
Posts
Portfolio
$VELVET Short Setup 📉
After the rejection from the 1.84 resistance zone, $VELVET is showing signs of weakening momentum on the 1-hour timeframe. A break below the local support area could trigger a deeper correction.
🔴 Entry Zone: 1.70 – 1.72
🎯 Target 1: 1.62
🎯 Target 2: 1.55
🎯 Target 3: 1.48
🛑 Stop Loss: 1.86
As long as the price remains below the recent high, the downside scenario remains valid. A breakdown below the 1.66 support area could increase selling pressure and accelerate the move toward lower targets.
⚠️ Always use proper risk management and position sizing when trading leveraged products.
This is not financial advice. Please do your own research.
#VELVET #VELVETUSDT #Crypto #Binance #Futures
After the rejection from the 1.84 resistance zone, $VELVET is showing signs of weakening momentum on the 1-hour timeframe. A break below the local support area could trigger a deeper correction.
🔴 Entry Zone: 1.70 – 1.72
🎯 Target 1: 1.62
🎯 Target 2: 1.55
🎯 Target 3: 1.48
🛑 Stop Loss: 1.86
As long as the price remains below the recent high, the downside scenario remains valid. A breakdown below the 1.66 support area could increase selling pressure and accelerate the move toward lower targets.
⚠️ Always use proper risk management and position sizing when trading leveraged products.
This is not financial advice. Please do your own research.
#VELVET #VELVETUSDT #Crypto #Binance #Futures
Why Is the Market Falling? 📉
Recent declines across the crypto market are driven by several key factors:
🔹 Higher interest rate expectations are reducing risk appetite.
🔹 Large leveraged long positions are being liquidated.
🔹 Capital is temporarily rotating into traditional markets.
🔹 Increased selling pressure from large holders (whales).
This isn’t a Binance issue — it’s a broader market correction driven by macro conditions and liquidity shifts. Stay patient and manage risk wisely.
#Crypto #Bitcoin #MarketUpdate
📊 What’s next for the market?
Recent declines across the crypto market are driven by several key factors:
🔹 Higher interest rate expectations are reducing risk appetite.
🔹 Large leveraged long positions are being liquidated.
🔹 Capital is temporarily rotating into traditional markets.
🔹 Increased selling pressure from large holders (whales).
This isn’t a Binance issue — it’s a broader market correction driven by macro conditions and liquidity shifts. Stay patient and manage risk wisely.
#Crypto #Bitcoin #MarketUpdate
📊 What’s next for the market?
The correction continues 📉
33%
Recovery starts from here 📈
67%
3 votes • Voting closed
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