🚨 $VELVET /USDT: Catching the Pullback After a -66% Crash! 🚨
$VELVET just witnessed a massive capitulation, crashing from $1.64 down to $0.48 in a single day. While the panic is real, this massive imbalance opens up a perfect Counter-Trend Aggressive Short Scalp on the dead cat bounce.
Here is the exact data-driven execution plan:
📊 The Setup:
🔴 Entry Zone: $0.5400 - $0.5600 (Waiting for a relief bounce toward the 15m EMA25 resistance at $0.5444)
🎯 Take Profit (TP): $0.4700 (Targeting a clean sweep of the recent $0.4801 low)
🛡️ Stop Loss (SL): $0.5950 (Placed safely right above the heatmap short liquidation cluster at $0.5940)
⚠️ Execution Rule:
Do NOT market-short at the current bottom. Let the price pull back into our entry zone first. This is a high-volatility setup—keep your leverage low, use strict risk management, and secure profits early.
Let's see how the market makers play this out! 📉💼
$VELVET just witnessed a massive capitulation, crashing from $1.64 down to $0.48 in a single day. While the panic is real, this massive imbalance opens up a perfect Counter-Trend Aggressive Short Scalp on the dead cat bounce.
Here is the exact data-driven execution plan:
📊 The Setup:
🔴 Entry Zone: $0.5400 - $0.5600 (Waiting for a relief bounce toward the 15m EMA25 resistance at $0.5444)
🎯 Take Profit (TP): $0.4700 (Targeting a clean sweep of the recent $0.4801 low)
🛡️ Stop Loss (SL): $0.5950 (Placed safely right above the heatmap short liquidation cluster at $0.5940)
⚠️ Execution Rule:
Do NOT market-short at the current bottom. Let the price pull back into our entry zone first. This is a high-volatility setup—keep your leverage low, use strict risk management, and secure profits early.
Let's see how the market makers play this out! 📉💼