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$VELVET (1h) - Bearish Breakdown Short
Bias: Short
Entry (Zone): 0.09080 - 0.09120
Targets:
TP1: 0.09000
TP2: 0.08920
TP3: 0.08840
Stop Loss: 0.09210
Why this Setup:
I’m still favoring downside follow-through as price keeps losing momentum under the recent range and fails to reclaim the 0.0915 area. I want a short on any weak retest into resistance, since the chart is showing lower highs and a clean breakdown structure that can extend toward the next liquidity pockets.
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