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$VELVET (1H) - Bearish Breakdown Short
Bias: Short
Entry (Zone): 0.0907 - 0.0912
Targets:
TP1: 0.0896
TP2: 0.0888
TP3: 0.0877
Stop Loss: 0.0924
Why this Setup:
I’m treating this as a short as long as price keeps failing to reclaim the 0.0910 area, since the 1H structure is still making lower highs and the bounce looks weak. I want a breakdown continuation toward the prior support zones, with invalidation only if price pushes back above the recent swing resistance.
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