$VELVET Signal | 1H Bullish Breakout with Pullback, Funds Support the Advance

$VELVET 1H Large Volume Surge to 0.128 then Pullback to around 0.1143, Sell Orders' Depth Overbought by 26%, but Price Did Not Continue to Break Down, Bollinger Band 4H Middle Band at 0.1009 Forms Strong Support. MACD 1H Bullish Histogram Expanding, RSI 1H at 58.6 Still in Safe Zone. Funding Rate at 0.027% Slightly High but Not Extreme, If Sideways Consolidation Continues to Absorb Selling Pressure, Bulls May Reattack Previous High. Objectively, a 1.5x Risk-Reward Ratio Is Suitable for Short-Term Sniping, Stop-Loss Near the Critical Level, Risk Is Controllable.
🎯Direction: Long
⚡Entry/Order: 0.113957 - 0.114300
🛑Stop-Loss: 0.113157
🚀Target 1: 0.116015
🚀Target 2: 0.116872
🛡️Trade Management: - Execute Strategy: Reduce 50% of Position After Reaching Target 1, and Move Stop-Loss Up to Break-Even. If Price Falls Back to Entry Level, Exit Automatically to Protect Principal.
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