$VELVET (1h) - Range Breakdown Short

Bias: Short

Entry (Zone): 0.0920 - 0.0924

Targets:

TP1: 0.0910

TP2: 0.0899

TP3: 0.0888

Stop Loss: 0.0934

Why this Setup:

I see the market still struggling to reclaim the 0.093 area, and the current structure is leaning bearish with lower highs forming on the 1h chart. I want to short a weak bounce into resistance, looking for continuation toward the recent support levels if sellers keep control.

VELVETBSC
VELVETUSDT
0.09023
-5.10%