【$VELVET Signal】Multiple bullish break above the Bollinger Band upper band, funds continuously pushing higher

$VELVET 1H Bollinger Band upper band at 0.1446 was broken with increased volume, current price at 0.14764 running along the upper channel. The MACD histogram has expanded for three consecutive bars, indicating bullish momentum is not exhausted. The order book depth deviation is 12.81%, with buy orders significantly stacking higher than sell orders. The 4H level also breaks through previous high resistance area, with the moving average system showing bullish divergence.

🎯Direction: Long

⚡Entry/Order: 0.1474

🛑Stop Loss: 0.1402580

🚀Target 1: 0.1587130

🚀Target 2: 0.1642495

🛡️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 1.5x risk-reward ratio, short-term RSI is high but funds continue to flow in. Pursuing longs requires strict adherence to the plan.

View real-time market 👇 $VELVET
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