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$VELVET — More downside likely.
Short $VELVET
Entry: 0.405 – 0.408
SL: 0.460
TP1: 0.355
TP2: 0.300
TP3: 0.240
This rebound pushed into a zone where sellers are already defending. Momentum is fading off the 0.474 high and volume is drying up. If 0.40 breaks, expect a rotation down toward 0.30 and below.
#GateIPOAccessSpaceX