$VELVET is currently rejecting a strong resistance zone. The chart shows a clear bearish engulfing candle, indicating a price reversal.

Shot Trade Position

Entry Zone:0.13-0.125

🎯TP1:0.11

🎯TP2:0.10

🎯TP3:0.095

Stop Loss(SL):0.14

🔍 Why this short position?

The market is currently looking tired after a 19% pump. We see the possibility of touching the lower support levels due to rejection on high volume.

Click here to Trade 👇️

VELVETBSC
VELVETUSDT
0.11591
+0.82%