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All Targets in 11 hours, perfect catch from top to bottom, +1700% on $VELVET done
VELVETUSDT
Perp.
0.4326
+11.84%
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--Bajista
Habib Analyst
·
--
BajistaEveryone is chasing the green candles thinking this explosive +53% pump has no brakes, but smart money knows that a failure to hold key short-term exponential moving averages on the 15-minute chart signals an aggressive institutional distribution phase.
📉 $VELVET/USDT – SHORT
Entry Zone: $1.46428 - $1.50472 (Current market price up to the EMA(7) resistance flip)
Stop Loss (SL): $1.92200 (Strict invalidation above the major distribution local high)
Take Profit 1 (TP1): $1.27741 (Dynamic support retest at the EMA(99))
Take Profit 2 (TP2): $1.00411 (Major psychological and structural support level)
Take Profit 3 (TP3): $0.76054 (Full retracement target matching the 24h low baseline)
Why This Setup?
Bearish EMA Breakdown: On the 15-minute timeframe, the price has confidently broken down below both the EMA(7) at $1.50472 and the EMA(25) at $1.58026. This aggressive breakdown confirms that short-term momentum has completely flipped from bullish to bearish, turning these previous support lines into heavy overhead resistance.
Massive Blow-Off Top Structure: The aggressive rejection candle pushing off the $1.92200 high shows a classic institutional distribution pattern. Smart money trapped eager retail buyers at the absolute peak, followed by consecutive lower highs and accelerating downside pressure.
Exhaustion of Buying Volume: Despite the massive 24h trading volume of $1.51B USDT, the current 15-minute bars show a sharp contraction in green buying volume alongside expanding red selling candles. The upward momentum is fully exhausted, leaving the asset highly vulnerable to a deeper correction down toward its EMA(99) baseline at $1.27741.
{future}(VELVETUSDT)
📉 $VELVET/USDT – SHORT
Entry Zone: $1.46428 - $1.50472 (Current market price up to the EMA(7) resistance flip)
Stop Loss (SL): $1.92200 (Strict invalidation above the major distribution local high)
Take Profit 1 (TP1): $1.27741 (Dynamic support retest at the EMA(99))
Take Profit 2 (TP2): $1.00411 (Major psychological and structural support level)
Take Profit 3 (TP3): $0.76054 (Full retracement target matching the 24h low baseline)
Why This Setup?
Bearish EMA Breakdown: On the 15-minute timeframe, the price has confidently broken down below both the EMA(7) at $1.50472 and the EMA(25) at $1.58026. This aggressive breakdown confirms that short-term momentum has completely flipped from bullish to bearish, turning these previous support lines into heavy overhead resistance.
Massive Blow-Off Top Structure: The aggressive rejection candle pushing off the $1.92200 high shows a classic institutional distribution pattern. Smart money trapped eager retail buyers at the absolute peak, followed by consecutive lower highs and accelerating downside pressure.
Exhaustion of Buying Volume: Despite the massive 24h trading volume of $1.51B USDT, the current 15-minute bars show a sharp contraction in green buying volume alongside expanding red selling candles. The upward momentum is fully exhausted, leaving the asset highly vulnerable to a deeper correction down toward its EMA(99) baseline at $1.27741.
{future}(VELVETUSDT)
Aviso legal: Incluye opiniones de terceros. No debe interpretarse como asesoramiento. Binance AI puede usarse sin garantía. Lee los TyC.