$VELVET Short 10x | Zone still rejecting
Not a forecast. I am live in the trade, and the zone below is the key.
Trade Plan:
- Entry: 0.40479 – 0.40703
- TP1: 0.39784 (R:R 1:0.8)
- TP2: 0.39246 (R:R 1:1.3)
- TP3: 0.38438 (R:R 1:2.0)
- SL: 0.41667
Why this setup?
- The 4h short structure is intact, while the daily range keeps price reacting from 0.40479–0.40703 near 0.40591.
- 15m RSI at 52 shows neutral momentum, leaving room for downside continuation.
- 15m volume prints 0.15x, with 5.62K traded versus 37.05K expected, confirming real sell-side participation.
My call. Your execution.
Trade here 👇
