【$VELVET Signal】Pullback Long | 1H Repair Buy Support

$VELVET1H RSI 62.8, 4H RSI 75.0, Buy Depth Ratio 1.45. After breaking above the 4H Bollinger Band upper band at 0.1162 and pulling back, the current price is 0.1181, oscillating near the upper range. MACD 1H death cross shrinking, 4H bullish divergence narrowing. Funding rate at 0.0259% is relatively high but not extreme. Open interest stable, trading volume declining. Pullback to the upper range offers a decent risk-reward for long entries, but there is clear buy support below.

🎯Direction: Long (Pullback Order)

⚡Entry/Order: 0.11756

🛑Stop Loss: 0.09761

🚀Target 1: 0.11818

🚀Target 2: 0.11865

🛡️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 into the entry zone, automatically exit to protect capital.

Current risk-reward ratio is low, suitable only for small positions to test, wait for 1H volume confirmation before considering adding.

Check real-time market 👇 $VELVET
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