$VELVET Signal】1H retracement to EMA50 support, long positions hidden


$VELVET 1H MACD death cross, price falls below EMA20 to 0.1148, 4H bullish trend remains intact. Buying interest is concentrated around 0.1102, with a depth ratio of 1.86 indicating capital support intentions.
🎯Direction: Long (Place order)
⚡Entry/Order: 0.1102 - 0.1120
🛑Stop loss: 0.09731
🚀Target 1: 0.12612
🚀Target 2: 0.13572
🛡️Trade management: Reduce half of the position at Target 1, move stop loss to entry price; if the price falls back into the order zone without triggering, cancel the order.
Funding rate is relatively high at 0.043%, but open interest remains stable, and bears are not increasing their positions. Current risk-reward ratio is about 1:3, making a rebound worth betting on.
Check real-time market 👇 $VELVET
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#WCTC交易王PK #比特币突破7.9万美元 $BTC $ETH $SOL
VELVET-3.49%
BTC-1.62%
ETH-1.54%
SOL-1.74%
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