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$VELVET – Push into resistance, starting to stall near the highs
Trading Plan Short $VELVET
Entry: 0.092 – 0.098
SL: 0.102
TP: 0.085
TP: 0.078
TP: 0.071
Price moved up into this zone but isn’t showing strong continuation. The upside is starting to fade, with weaker follow-through on each push. When a move stalls near resistance like this, it often leads to a pullback as sellers step in.
Trade $VELVET here 👇