$VELVET (1H) - Range Rejection Short


Bias: Short
Entry (Zone): 0.1156 - 0.1170
Targets:
TP1: 0.1130
TP2: 0.1102
TP3: 0.1070
Stop Loss: 0.1190
Why this Setup:
I’m leaning short while price is losing momentum under the recent swing high and still trading inside a broader range. I want a rejection from the 0.116 area for a move back toward the mid-range, with room to extend lower if sellers regain control.

#GateSquareMayTradingShare
VELVET9.86%
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