💥 $VELVET -3.3% dump on 3.9x volume looks like distribution not a bottom - my bias is bearish here — this 1h bounce is a counter-trend move inside daily/weekl

💥 $VELVET -3.3% dump on 3.9x volume looks like distribution not a bottom - my bias is bearish here — this 1h bounce is a counter-trend move inside daily/weekly and BTC bearish structure, so I treat the dump as distribution, not a finished bottom 📉 - I expect price to tag 0.05614 first (last 1h sw…