$VELVET /USDT – Strong Downtrend, Short Opportunity Active

🔥 Attention Traders: Velvet is under heavy bearish pressure after a sharp decline from recent highs. Despite minor recovery attempts, the overall structure still favors sellers as price trades well below its peak levels.

📊 Trade Setup

• Type: Short (Sell)

• Entry Zone: 0.355 – 0.370

• TP1: 0.330

• TP2: 0.305

• TP3: 0.280

• Stop Loss: 0.395

VELVETUSDT

Perp

0.3637

+3.17%