$VELVET Failed shamshed through the SL .
Посты
PunnyPump
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$VELVET has had an impressive run, but this is where I'm becoming more cautious.
The 0.931 region lines up with an area where I'd rather look for a counter-trend opportunity than continue chasing the upside.
My thesis is simple:
• Price has rallied aggressively into a key supply zone.
• Risk/reward now favors a short term pullback rather than fresh longs.
• If sellers step in as expected, I'll be looking for price to rotate back toward the 0.66–0.57 region.
This isn't a call against the bigger trend. It's simply a tactical trade based on where price is currently trading.
As always, the level matters but risk management matters even more.
#VELVET
The 0.931 region lines up with an area where I'd rather look for a counter-trend opportunity than continue chasing the upside.
My thesis is simple:
• Price has rallied aggressively into a key supply zone.
• Risk/reward now favors a short term pullback rather than fresh longs.
• If sellers step in as expected, I'll be looking for price to rotate back toward the 0.66–0.57 region.
This isn't a call against the bigger trend. It's simply a tactical trade based on where price is currently trading.
As always, the level matters but risk management matters even more.
#VELVET
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