$VELVET is pushing into a key resistance zone where the upside move looks like it’s starting to lose strength ⚠️📉
Trading Plan – Short $VELVET (max 10x)
Entry: 0.106 – 0.112
SL: 0.119
TP1: 0.099
TP2: 0.091
TP3: 0.083
The recent rally is slowing down and struggling to extend higher 🚫 Price is reacting heavier near resistance, which suggests buyers are getting absorbed while sellers begin to take control. If this zone holds, we could see a clean rejection and continuation to the downside 🔻🔥
Trade $VELVET here 👇
#VELVET #CryptoSignals #ShortTrade #BinanceFutures #TradingSetup


VELVETUSDT
Perp
0.11396
+6.10%