🔥 $VELVET Short Setup – Are you ready for the drop? 🔥
Price rejected at 1.80 – textbook reversal zone. Momentum fading. Structure weakening.
📉 Short Entry: $1.65
🎯 Take Profit:
· TP1: $1.51
· TP2: $1.30
**🛑 Stop Loss:** $1.84
Why?
· Rejection at 1.80 confirmed.
· MA7 (1.55) already lost.
· Parabolic pumps always correct.
Risk it wisely. Don't get squeezed.
Check the chart attached.
#Velvet #ShortSetup #BinanceSquare
Price rejected at 1.80 – textbook reversal zone. Momentum fading. Structure weakening.
📉 Short Entry: $1.65
🎯 Take Profit:
· TP1: $1.51
· TP2: $1.30
**🛑 Stop Loss:** $1.84
Why?
· Rejection at 1.80 confirmed.
· MA7 (1.55) already lost.
· Parabolic pumps always correct.
Risk it wisely. Don't get squeezed.
Check the chart attached.
#Velvet #ShortSetup #BinanceSquare