$VELVET Signal】Long - Deep imbalance support, pullback to accumulate strength


$VELVET Bid/Ask depth ratio 5.48, buy orders unusually concentrated. 1H MACD shows a death cross but volume diminishes, 4H Bollinger upper band at 0.1117 not yet touched. RSI 1H 60.14, 4H 70.61, no serious overbought. Funding rate 0.005%, open interest stable. Current price around 0.10978 offers favorable risk-reward ratio.

🎯Direction: Long

⚡Entry/Order: 0.1094507 - 0.1097800, directly enter or place orders to wait for a pullback.

🛑Stop loss: 0.1086822

🚀Target 1: 0.1114267

🚀Target 2: 0.1122500

🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, automatically exit.

Depth logic: Buy order depth far exceeds sell orders, even if 1H MACD is weak, support below is enough to absorb selling pressure. 4H trend remains bullish, long profit/loss ratio 1.5, with a higher probability of short-term breakout.
Check real-time market 👇 $VELVET
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VELVET4.64%
ETH-3.26%
BTC-3.34%
SOL-5.05%
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