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$VELVET | 1h | Range Breakdown Short
Bias: Short
Entry Zone: 0.1072 to 0.1082
Stop Loss: 0.1112
Targets:
TP1: 0.1053
TP2: 0.1036
TP3: 0.1009
Invalidation:
Close above 0.1112
Why This Setup:
I’m watching price fail to reclaim the broken 0.1080 area after the recent selloff, with lower highs still capping any bounce. If sellers defend this zone again, I expect continuation toward the prior range lows and the next liquidity pockets below.
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