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$VELVET — DEAD CAT BOUNCE OVER! CRASH CONTINUES!
VELVET is down 12.66% at $0.12675. Price is below ALL EMAs — EMA5 (0.1344), EMA10 (0.1859), EMA30 (0.3935) — confirming a massive collapse. MACD is deeply negative. The 24h high is $0.1589 — a 20% drop from the top. Support at $0.1200 is the last line.
🚀 TRADE PLAN:
· SHORT: Entry 0.127 – 0.130.
· TP1: $0.110 — first support.
· TP2: $0.095 — major breakdown.
· TP3: $0.080 — big profit!
· Stop-loss: $0.140.
Then vs Now: VELVET was $0.158 — now $0.126, a 12% drop. This downtrend is strong — avoid catching a falling knife. If $0.120 breaks, we go to $0.110 and $0.095.#BTCPullbackto79000