$VELVET EXHIBITS HIGH VOLATILITY AS LIQUIDITY SWEEPS THE PREVIOUS RANGE LOWS 📉

The recent price action in $VELVET shows a sharp displacement, indicating that market participants are aggressively clearing stops below the recent support shelf. We are currently observing a rapid expansion in volume, which often precedes a retest of the local order block.

The current structure suggests that the asset is attempting to reclaim lost ground after the liquidation event. Monitoring the 1H timeframe for a stabilization pattern will be key to determining if this move is a reversal or a continuation of the trend. What is your current view on this price action?

Not financial advice. Always manage your risk.

#VELVET #MarketStructure #Liquidity #Trading

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