🚨 Massive Sell-Side Volume on $VELVET at 10.6x - Given the violent volume spike, ongoing bearish indicator signals, and rejection below the equilibrium, I expect more downside. This looks like smart money distribution and not just panic selling. - My bias is to look for a short setup on a bounce up to 0.12081–0.12120, with confirmation like a bearish engulfing or pin bar on the 15m or 5m. - Entry: On a rejection in the 0.12081–0.12120 zone, after confirming bearish price action (such as a lower high or engulfing candle). - Take profit targets: First target at 0.11141, next at 0.10557, and then 0.10270 if trend accelerates. - Stop-loss: Place above the swing high after retrace (i.e., above 0.12120 or latest high before rejection). - If price pushes above 0.12120 and holds, especially with bullish volume, reconsider shorts and observe for a reversal structure. - If price fails to bounce and breaks straight through 0.11141 with volume, you can look for a pullback for a continuation short toward 0.10557 and 0.10270. 📝 This is not investment advice, but an educational analysis of the current setup. Please use caution and always wait for price confirmation before entering any trade! 📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → https://t.co/kMPco9Fs6m