【$VELVET Signal】Long +1H retracement support to enter long

$VELVET 1H MACD death cross divergence, price retraces to 0.37 area, 4H Bollinger middle band at 0.3102 far below current price, bullish trend structure intact. Deep imbalance leaning towards sellers, but buying momentum remains decent. Funding rate at 0.005% normal, no obvious arbitrage pressure.
🎯Direction: Long
⚡Entry/Order: 0.38983 - 0.39100
🛑Stop loss: 0.38709
🚀Target 1: 0.39687
🚀Target 2: 0.39980
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, exit automatically to protect principal.
Current risk-reward ratio 1.5, stop loss tightly at 0.38709 key support, if broken, short-term bullish structure invalidates. Intraday volatility is high, limit orders should be executed at limit price.
View real-time market 👇 $VELVET
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