【$VELVET Signal】Long: 4H Volume Breakout of Previous High, Capital Inflow Confirmed

$VELVET The $VELVET
4-hour level completed a key breakout on 03-15 04:00-08:00. Price rallied from 0.08329 to 0.09061, with trading volume surging to 7.75 million, more than 3 times the recent average volume, constituting 【volume-price resonance】. After the breakout, price pulled back to 0.0869, volume contracted to 5.49 million, and buy/sell ratio remained stable at 0.47, representing a 【healthy pullback】. On the daily level, price has stood above EMA20 (0.0830) and EMA50 (0.0845), breaking through the upper band of the consolidation range formed since February 25 (around 0.085). The 1-hour RSI (65.28) has healthily retreated from the overbought zone without entering oversold, with strong capital support.

🎯Direction: Long

⚡Entry: 0.0866 - 0.0872 (relying on the current dense buy clusters and the midpoint of the 4H breakout candle)

🛑Stop Loss: 0.0823 (placed below the 4H breakout initiation point and EMA50)

🚀Targets: 0.0887 / 0.0913 (first target near the previous high, second target targeting the February 24 high area)

🛡Strategy: Reduce position by half at target 1, move remaining position to breakeven, and pursue target 2.

Logic: The core of the current market is 【emotion and structure resonance】. Market signals show warming sentiment with positive funding rate (0.0050%), and shorts have not formed suppression. Deep data shows buy orders stacked (orders in 0.0866-0.0867 range exceed 6000 units), with sell orders only significantly increasing above 0.0870, indicating downside space is locked and the path of least resistance is upward. After the main force pulled out a breakout bullish candle on the 4H level with real capital, they washed the market through volume contraction pullback to shake out floating chips. The counterparties are short-term trapped buyers and hesitant bears from previous range consolidation. In a positive funding rate environment, shorts' holding costs continuously increase, providing fuel for subsequent upside.

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