#bearishtrend.
bearishtrend.
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$VELVET is bleeding heavily! 📉🔻
$VELVET has completely broken down, dropping over -27% today to hover right above its 24h low of $0.3920. High selling volume profile (55.36% ask pressure) confirms the bearish thesis as minor support levels get entirely wiped out.
Trailing stops tightly on this short setup as it targets the next liquidity pocket below. Don't fight the trend!
#VELVET #ShortSetup #Crypto #BearishTrend.
$VELVET has completely broken down, dropping over -27% today to hover right above its 24h low of $0.3920. High selling volume profile (55.36% ask pressure) confirms the bearish thesis as minor support levels get entirely wiped out.
Trailing stops tightly on this short setup as it targets the next liquidity pocket below. Don't fight the trend!
#VELVET #ShortSetup #Crypto #BearishTrend.
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