$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
