$VELVET BEARS SWEEP TP2 AS STRUCTURE REMAINS INTACT 🔥
Price extended cleanly through the second take-profit target, confirming the bearish continuation. Sellers are maintaining control with no signs of a reversal structure forming on the lower timeframes.
The lack of demand near support zones tells us order flow remains one-sided. Consecutive targets being hit is a strong signal of trend persistence. The next major liquidity pool sits below the previous swing low.
Are you scaling out or holding for a deeper move?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #Breakdown #Crypto
🔥
Price extended cleanly through the second take-profit target, confirming the bearish continuation. Sellers are maintaining control with no signs of a reversal structure forming on the lower timeframes.
The lack of demand near support zones tells us order flow remains one-sided. Consecutive targets being hit is a strong signal of trend persistence. The next major liquidity pool sits below the previous swing low.
Are you scaling out or holding for a deeper move?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #Breakdown #Crypto
🔥