$VELVET SHORT SETUP WITH 4 STACKED TARGETS IN PLAY 🩸
Entry: 1.41 - 1.46 🔥
Target: 1.37, 1.26, 1.16, 1.1 🚀
Stop Loss: 1.51 ⚠️
This is a clean short zone where sellers have stepped in twice before. The multiple target structure tells me momentum is expected to accelerate once 1.37 breaks. Volume profile on the lower timeframe shows heavy bids at 1.51 getting rejected.
The risk-to-reward on the first target alone is already favorable, and if this sweeps through 1.26, it could cascade quickly. Are you positioning for a breakdown or waiting for a reclaim?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #Bearish #CryptoShort
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Entry: 1.41 - 1.46 🔥
Target: 1.37, 1.26, 1.16, 1.1 🚀
Stop Loss: 1.51 ⚠️
This is a clean short zone where sellers have stepped in twice before. The multiple target structure tells me momentum is expected to accelerate once 1.37 breaks. Volume profile on the lower timeframe shows heavy bids at 1.51 getting rejected.
The risk-to-reward on the first target alone is already favorable, and if this sweeps through 1.26, it could cascade quickly. Are you positioning for a breakdown or waiting for a reclaim?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #Bearish #CryptoShort
⚡