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$VELVET (1h) - Short
Bias: Short
Entry (Zone): 0.1108 - 0.1120
Targets:
TP1: 0.1080
TP2: 0.1058
TP3: 0.1034
Stop Loss: 0.1134
Why this Setup:
I’m staying short while price keeps rejecting the 0.1120 area after failing to hold above the recent local highs. I see momentum fading on the 1h, and I’m looking for a continuation move back into the prior support band around 0.1080 and lower.
#GateSquareMayTradingShare