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$VELVET


Analysis: Short liquidation at $0.08223 suggests buyers are absorbing upside pressure. With limited market data, keep the setup conservative and favor rejection below the liquidation zone.


Liquidation/Data: $2.0305K short liquidation at $0.08223


Support: $0.08000

Resistance: $0.08350

Entry: $0.08200–$0.08300

TP1: $0.08000

TP2: $0.07800

TP3: $0.07550

SL: $0.08480


Trigger: Rejection from $0.0822–$0.0835 followed by a breakdown below $0.0800.


Invalidation: Sustained breakout and hold above $0.08480.


NFA • DYOR

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