$VELVET SHORT SETUP โผ๏ธ๐ฉ
RISK : REWARD = 1 : 2
Entry: 0.3180 โ 0.3270
Stop Loss: 0.4060
TARGETS ๐ฐ
0.2900
0.2600
0.2250
0.1880
๐ฅ VELVET has printed a strong parabolic rally followed by a sharp rejection from the local top around 0.38, indicating a potential blow-off move and liquidity grab. Price is now consolidating below the rejection zone, showing signs of weakening bullish momentum. Multiple failed attempts to reclaim the highs suggest sellers are becoming active, while a breakdown from the current range could trigger a deeper correction toward the major support area near 0.19. ๐๐ฅ๐