$VELVET — Rejected a key resistance zone. next stop a support area.
SHORT - $VELVET
Entry zone: 1.7108 - 1.7230
TP: 1.5000
TP: 1.0000
SL: 2.0000
strong resistance area. If the price fails to break above it and shows a clear bearish rejection, a short trade may offer a favorable risk-to-reward setup.
Trade $VELVET Here👇🏻
SHORT - $VELVET
Entry zone: 1.7108 - 1.7230
TP: 1.5000
TP: 1.0000
SL: 2.0000
strong resistance area. If the price fails to break above it and shows a clear bearish rejection, a short trade may offer a favorable risk-to-reward setup.
Trade $VELVET Here👇🏻