🚨 $VELVET Strategy: The Waterfall Fade
The pump is empty, and the "Short Squad" is already loading. When you see price pushing higher on low volume, you aren't looking at a breakout; you're looking at a trap. We are sniping the reversal.
Entry Zone: 0.1127 – 0.1180
TP1: 0.1015 (MA-25 Support)
TP2: 0.0911 (MA-100 Structural Floor)
TP3: 0.0830 (Full Retracement Zone)
Stop Loss: 0.1185 (Above All-Time High)
Trade Logic:
Price is currently overextended above the MA(7), but the MACD histogram is starting to fade. The lack of volume on this final push to $0.116 suggests there is no "real" demand to sustain these levels. We are entering the short as the price begins to lose the MA(7) anchor, targeting a rapid mean reversion to the $0.09 zone.
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