$VELVET IS SET FOR A SHARP PULLBACK AFTER THE PARABOLIC MOVE 📉
Entry: 1.65-1.80 🔥
Target: 1.40 🚀
Stop Loss: 1.95 ⚠️
Parabolic runs like this one rarely hold without a deep retracement. The entry zone allows you to short into weakness while keeping a tight stop just above the recent highs. Profit-taking tends to accelerate once the momentum stalls.
First target alone gives nearly 1:1.5 risk-to-reward — clean for a swing short. Are you waiting for a lower entry or taking this zone now?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #Breakdown #Crypto
🔥
Entry: 1.65-1.80 🔥
Target: 1.40 🚀
Stop Loss: 1.95 ⚠️
Parabolic runs like this one rarely hold without a deep retracement. The entry zone allows you to short into weakness while keeping a tight stop just above the recent highs. Profit-taking tends to accelerate once the momentum stalls.
First target alone gives nearly 1:1.5 risk-to-reward — clean for a swing short. Are you waiting for a lower entry or taking this zone now?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #Breakdown #Crypto
🔥