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$VELVET (1h) - Bearish Pullback Short
Bias: Short
Entry (Zone): 0.0902 - 0.0908
Targets:
TP1: 0.0889
TP2: 0.0878
TP3: 0.0863
Stop Loss: 0.0924
Why this Setup:
I see the market still making lower highs after a sharp breakdown, and I’m using a small pullback into resistance to position for continuation. The structure stays bearish as long as price keeps rejecting the 0.091 area, and I’m aiming for the next downside liquidity pockets below recent lows.
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