$VELVET CRASHED 65% - SMART MONEY SHORTED THE TOP 🔥
70 large holders opened shorts near $0.85 and collected over $1.2M in profits as price collapsed. This was a textbook liquidity grab above resistance, followed by a clean break of structure. Volume spiked on the breakdown and recovery attempts are being sold into aggressively.
Are you waiting for a retest of the breakdown zone or staying out entirely?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #Breakdown #CryptoCrash
🎯
70 large holders opened shorts near $0.85 and collected over $1.2M in profits as price collapsed. This was a textbook liquidity grab above resistance, followed by a clean break of structure. Volume spiked on the breakdown and recovery attempts are being sold into aggressively.
Are you waiting for a retest of the breakdown zone or staying out entirely?
Not financial advice. Always manage your risk.
#VELVET #ShortSetup #Breakdown #CryptoCrash
🎯