
$VELVET is running into a supply zone following an aggressive recovery.
Trading Plan Short $VELVET
Entry: 0.627 – 0.629
SL: 0.642
TP1: 0.610
TP2: 0.585
TP3: 0.550
The rebound has carried price back into a region where sellers previously rejected advances with force. The current level is trading directly beneath overhead liquidity while volume begins to taper off. If sellers defend this area, the market could rotate lower and revisit the demand clusters below.
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