$VELVET Short 10x – Downside setup is live from this zone.


VELVET is fading from the 0.43611–0.44079 zone, so I just opened Short 10x Isolated.
Trade Plan:
- Entry: 0.43611 – 0.44079
- TP1: 0.42160 (R:R 1:0.7)
- TP2: 0.41036 (R:R 1:1.3)
- TP3: 0.39351 (R:R 1:2.0)
- SL: 0.46092
Why this setup?
- The 4h short setup remains valid, and daily context is range-bound with price reacting from 0.43611–0.44079 around 0.43845.
- 15m RSI is at 23, leaving room for downside extension only if sellers stay in control.
- 15m volume sits at 0.31x, with 328.97K traded against 1.05M expected, confirming real sell-side participation.
My call. Your execution.
Trade here 👇 and comment the coin you want me to analyze next.
#GUSDYieldRisesto3.8%
VELVET-20.09%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned