$VELVET short hit TP1 The first target has been reached as

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--Bajista

$VELVET short hit TP1

The first target has been reached as price continues to respect the bearish structure.

Sellers remain in control, with the move unfolding in line with expectations.

Mike On The Move

Bajista

$VELVET is trading back into a supply zone where sellers may regain control.

Trading Plan Short $VELVET
Entry: 1.55 - 1.61
SL: 1.74
TP1: 1.49
TP2: 1.41
TP3: 1.33

The recent recovery has carried price back into an area that previously acted as resistance. The move higher still appears corrective within the broader structure, while liquidity remains stacked beneath recent swing lows. If buyers fail to secure acceptance above resistance, a rotation lower toward those liquidity targets becomes increasingly likely.

trade $VELVET here :

Aviso legal: Incluye opiniones de terceros. No debe interpretarse como asesoramiento. Binance AI puede usarse sin garantía. Lee los TyC.

VELVET-10,07%