【$VELVET Signal】Long - Funding rate relatively high but buying pressure strongly breaks through

$VELVET Funding rate 0.0310% is relatively high, long positions' cost increases, but buy orders continuously push the price to 0.1156, sell-side depth is weak, no technical data reference on 1H, same blank on 4H, Bid/Ask Ratio 1.00 indicates balance, volume of 56.54M supports current breakout strength.
🎯Direction: Long
⚡Entry/Order: 0.11580 (taken from the median of the suggested range)
🛑Stop loss: 0.11409
🚀Target 1: 0.12033
🚀Target 2: 0.12241
🛡️Trade management: - Reduce 50% at Target 1, move stop loss up to 0.11580 to protect capital; if price falls back to entry level, automatically exit.
Low-liquidity new tokens are prone to pinning, with a stop loss at 0.11409 and a small distance, a risk-reward ratio of 2.0 makes it worth gambling. If the funding rate continues to rise, beware of imbalance between bulls and bears.
View real-time market 👇 $VELVET
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