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$VELVET is under heavy selling pressure, down 17% and sitting close to the 24h low. I’d avoid catching the falling knife. A reclaim of $0.124–0.127 could trigger a relief bounce; losing $0.1158 risks another leg lower.


CP: $0.1206

Entry: $0.1175–0.1210

TP1: $0.1270

TP2: $0.1340

TP3: $0.1430

SL: $0.1135


#velvet #USDT

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