$VELVET BREAKDOWN INCOMING || REJECTION AT TOP, FLUSHING LIQUIDITY BELOW 🚨
Short Trade Plan:📉
Entry Zone: 0.78000 - 0.79500
TP1: 0.71188
TP2: 0.55803
TP3: 0.40419
SL: 0.98800
Price crushed from 0.98460 high with major rejection. Chart shows clean bearish reversal after the pump all three EMAs are spread vertically with price now closing red after the failed breakout attempt. Liquidity flush incoming as shorts pile in on the pullback. Dip buyers getting liquidated on breakdown.
Momentum is flip-flopping hard. 24h shows +36.69% move, but the intraday structure is begging for a retest lower. EMA(7) goldline rolling over, EMA(25) losing grip, EMA(99) still riding support but price is rejecting upside hard. Perfect short entry on any retest to 0.78k zone.
Click here 👉$VELVET 👈 to Open short


VELVETUSDT
Trvl
0.3475
-27.75%