$VELVET SHORT SETUP ‼️🚩
RISK : REWARD = 1 : 2
Entry: 0.3180 – 0.3270
Stop Loss: 0.4060
TARGETS 💰
0.2900
0.2600
0.2250
0.1880
🔥 VELVET has printed a strong parabolic rally followed by a sharp rejection from the local top around 0.38, indicating a potential blow-off move and liquidity grab. Price is now consolidating below the rejection zone, showing signs of weakening bullish momentum. Multiple failed attempts to reclaim the highs suggest sellers are becoming active, while a breakdown from the current range could trigger a deeper correction toward the major support area near 0.19. 🚀🔥📉