๐จ $VELVET FREEFALLS 93% FROM $1.24 PEAK AS LIQUIDITY COMPLETELY EVAPORATES ๐
Entry: 0.077 ๐
The market maker bid evaporated completely on $VELVET , sending price cascading over 15x down from the $1.24 high to $0.077 without a single meaningful retest. Seller momentum is relentless as order books show zero institutional defense, leaving bulls trapped at higher levels. ๐ป
With structural support completely shattered, downside continuation remains heavily favored until selling volume exhausts. ๐ The downside velocity suggests price is still searching for a true capitulation floor. ๐ฌ Are you waiting for a confirmed reclaim before touching this, or letting momentum carry the short further down? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #VELVET #ShortSetup #Crypto #MarketCapitulation
๐ ๐ป
Entry: 0.077 ๐
The market maker bid evaporated completely on $VELVET , sending price cascading over 15x down from the $1.24 high to $0.077 without a single meaningful retest. Seller momentum is relentless as order books show zero institutional defense, leaving bulls trapped at higher levels. ๐ป
With structural support completely shattered, downside continuation remains heavily favored until selling volume exhausts. ๐ The downside velocity suggests price is still searching for a true capitulation floor. ๐ฌ Are you waiting for a confirmed reclaim before touching this, or letting momentum carry the short further down? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #VELVET #ShortSetup #Crypto #MarketCapitulation
๐ ๐ป