Based on the 4H chart for **VELVET/USDT**, the market structure remains decisively **bearish**, characterized by a clean sequence of **Lower Highs (LH)** and **Lower Lows (LL)**. Price is currently oscillating in a consolidation phase following a sharp rejection from the 0.1070 level.

The trend is heavily suppressed by the **MA(99)** (purple), which acts as dynamic resistance. Currently, price is struggling to reclaim the **MA(25)** (pink), signaling weak buying momentum. The primary resistance sits at **0.0940**, while the **0.0877** mark serves as the critical liquidity floor.
**Spot Entry Setup:**
Enter on a confirmed 4H candle close above **0.0925**. This setup anticipates a mean-reversion play toward the MA(99). Technical reasoning: Price is finding stability above the recent low, suggesting a potential short-term relief rally if the immediate MA(7) holds as support.
**Stop Loss:** **0.0895** (Below the recent swing low and MA(7) invalidation).
TP1: 0.0945
TP2: 0.0980
TP3: 0.1020
Not Financial Advice — Do Your Own Research.
$VELVET