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$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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