【$VELVET Signal】Expected secondary rally after 1H momentum exhaustion

$VELVET RSI 1H 72.69, 4H 78.32, funding rate 0.0485%.
Buy order ratio has been below 50% for three consecutive hours, order book depth is unbalanced at -3.58%.
1H MACD histogram narrows to 0.0014, short-term bullish momentum is weakening.
Price is still trading below the upper Bollinger Band at 0.1688, while the 4H Bollinger Bands are opening upward, with the midline at 0.1163 providing medium-term support.
Currently, around 0.15278, a narrow sideways consolidation has formed, with trading volume dropping from a peak of 18 million to 3.3 million, indicating selling pressure is easing.
🎯Direction: Long
⚡Entry/Order: 0.15233 - 0.15279 (place orders within the suggested range)
🛑Stop loss: 0.15126
🚀Target 1: 0.15508
🚀Target 2: 0.15623
🛡Trade management: After reaching Target 1, reduce position by 50% and move stop loss to breakeven.
If the price falls back into the entry zone, automatically exit to protect capital.
Note that the 4H RSI is already in the overbought zone; if the price surges but volume does not continue to increase, beware of a pullback.
Current risk-reward ratio is 1.5, which is moderate to slightly above average; strict discipline is required for execution.
Check real-time market 👇 $VELVET
---
Follow me: Get more real-time analysis and insights on the crypto market!
#分享美股交易赢英伟达股票 #预测NBA总冠军赢20,000U $BTC $ETH $SOL