$VELVET /USDT — Weak Bounce Into Resistance, Bears Taking Control 🔥📉
🔴 Trade Setup: SHORT
Entry Zone: $0.077 – $0.082
🎯 TP1: $0.070
🎯 TP2: $0.060
🎯 TP3: $0.052
🛑 Stop Loss: $0.085
Why this setup?
After a sharp selloff, price managed only a sluggish recovery — a telltale sign that bulls lack conviction. The rebound has now stalled directly into a key resistance zone where sellers are showing up with force, suggesting the path of least resistance remains to the downside.
Debate:
Is this a dead cat bounce setting up the next leg lower, or will bulls surprise the market and reclaim resistance for a full reversal? 👀
Click here to Trade 👇$VELVET


VELVETUSDT
Perp
0.07285
-3.61%
Don't Miss $SIREN


SIRENUSDT
Perp
0.27828
-83.60%
#TrumpSeeksQuickEndToIranWar #CLARITYActHitAnotherRoadblock #OilPricesDrop #Velvet