VELVET lost momentum right into selling pressure.
Longs got trapped on the breakdown.

$VELVET 🔴 LIQUIDITY ZONE HIT 🔴

Long liquidation spotted 🧨

$1.62K cleared at $0.11822

Downside liquidity swept — watch reaction 👀

🎯 TP Targets:
TP1: ~$0.11680
TP2: ~$0.11520
TP3: ~$0.11350

#velvet