【$VELVET Signal】Multiple Long Entries + 1H Breakout of Bollinger Upper Band

$VELVET RSI 1H 86.27, buy order depth ratio 56%, buy pressure dominates.
The 4H Bollinger Band upper band 0.3286 has been broken, current price 0.3475 continues to operate above the upper band, MACD histogram 0.0133 still expanding.
Funding rate 0.0263% neutral to low, open interest stable, no signs of long positions retreating.

🎯Direction: long

⚡Entry/Order: 0.3464475 - 0.3474900

🛑Stop loss: 0.3440151

🚀Target 1: 0.3527024

🚀Target 2: 0.3553085

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

Depth logic: buy order depth is 3.56 times that of sell orders, high-level buy willingness remains strong; 1H RSI is high but no bearish divergence, 4H Bollinger opening upward, volume continues to support.
Extreme overbought conditions require caution for a pullback, but current buying pressure dominates, short-term momentum has not exhausted.

Check real-time market 👇 $VELVET
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