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$VELVET Sell Short Now With 50x Leverage Isolated In Futures...
Entry: $0.608 - $0.615
TP: $0.585 - $0.565 - $0.545 - $0.502
SL: $0.653
Setup Logic: • Price is facing strong resistance around the $0.61 zone.
• Lower highs suggest bearish momentum is building.
• A rejection from resistance increases the probability of continuation to the downside.
• Sellers remain in control unless price reclaims the resistance area.
• Favorable risk-to-reward with a clearly defined invalidation level.
⚠️ Risk Management: Take partial profits at each target and move your stop loss to breakeven after TP1. A sustained move above $0.630 invalidates the bearish setup.
#Get2SharesOfSKHynixAtZeroCost