$VELVET Showing Exhaustion at Resistance Short Setup in Play
Trade Setup: Short
Entry Zone: $1.67 – $1.70
SL: $2.037
TP1: $1.50
TP2: $1.25
TP3: $0.94
$VELVET is facing strong rejection after an extended bullish move, with sellers defending the resistance zone. As long as price remains below the stop-loss level, the downside momentum could continue toward the listed targets.
Trade Here On $VELVET 👇
Trade Setup: Short
Entry Zone: $1.67 – $1.70
SL: $2.037
TP1: $1.50
TP2: $1.25
TP3: $0.94
$VELVET is facing strong rejection after an extended bullish move, with sellers defending the resistance zone. As long as price remains below the stop-loss level, the downside momentum could continue toward the listed targets.
Trade Here On $VELVET 👇