【$VELVET Signal】Pullback Entry | Deep Sell Pressure but Price Remains Steady

$VELVET The sell order depth is three times the buy orders, and the price has not broken 0.12. The 4H MACD volume bars are shrinking, indicating slowing momentum. The 1H Bollinger Bands are tightening, signaling an approaching reversal point. Waiting for a pullback to the 0.1146-0.1160 range to add long positions, with a more favorable risk-reward ratio.
🎯Direction: Long (Place Order)
⚡Entry/Order: 0.1146 - 0.1160
🛑Stop Loss: 0.1063
🚀Target 1: 0.1314
🚀Target 2: 0.1397
🛡️Trade Management: - Reduce 50% at Target 1, move stop loss to entry price. Exit if the retracement drops below the entry level.
Depth logic: Volume is shrinking, contract holdings are stable, orders are densely clustered around 0.12, short-term support is effective.
View real-time market 👇 $VELVET
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