🔴 $VELVET Long Liquidation Alert

💵 Price: $0.43001

📉 Support:

• $0.4250

• $0.4180

• $0.4100

🚧 Resistance:

• $0.4380

• $0.4470

• $0.4600

🎯 Next Target: If $0.4250 breaks, $VELVET could decline toward the $0.4180–$0.4100 support zone.

📊 Analysis:

A $6.5723K long liquidation indicates bullish positions were forced to close as selling pressure increased. Continued weakness below key support may reinforce short-term bearish momentum.

📌 Trading Plan:

Watch the $0.4250 support level. A confirmed breakdown may signal further downside, while a recovery above $0.4380 could indicate buyers are regaining momentum.

⚠️ Risk: Medium

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