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$VELVET

Liquidation Reference: $0.04971


Entry Zone: $0.04970 – $0.05050


Stop-Loss: $0.05220


Take-Profit Targets:


- TP1: $0.04750

- TP2: $0.04580

- TP3: $0.04400


Market Analysis:

The liquidation reference around $0.04971 provides an important level to monitor. A rejection from the entry zone could create a short opportunity, particularly if sellers regain control and price fails to establish support above this area. Wait for bearish confirmation before entering.


Invalidation: A sustained breakout above $0.05220 cancels this short setup.


Risk Management: Avoid chasing entries and use controlled position sizing.

$VELVET

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