【$VELVET Signal】Long + 4H momentum breakout chasing the rally

$VELVET 4H RSI hits 85.34, the price directly breaks above the Bollinger upper band at 0.1786, currently at 0.1836. 1H MACD histogram value is 0.0016, bullish momentum slightly shrinking. Market buy depth ratio is 1.44, funds are still actively supporting buy orders. Chasing the rally in such extreme zones requires strict stop-loss protection, a risk-reward ratio of 1.5 seems reasonable.

🎯Direction: long

⚡Entry/Order: 0.183049 - 0.183600

🛑Stop-loss: 0.174420

🚀Target 1: 0.197370

🚀Target 2: 0.204255

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop-loss to break-even. If the price falls back to the entry level, automatically exit to protect principal.

Depth logic: Funding rate at 0.0496% is in a neutral to slightly high zone, but open interest (OI) remains stable. Although 1H MACD is shrinking, no death cross has occurred, and upward selling pressure is not obvious. 4H buy orders are more persistent than sell orders; if 1H volume increases again, breaking the previous high of 0.18967 is quite probable. Be patient with pending orders.

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