【$VELVET Signal】Long - Buying pressure dominates breakout

$VELVET Buy pressure depth 2.6 times, funds continue to push higher. MACD 1H/4H double columns expand in sync, bullish alignment. 1H Bollinger upper band at 0.1724 still has room, as 4H pushes close to the upper band and then closes strongly and holds. RSI 1H 72.82, trading in overbought territory but no divergence appears, and momentum is strong.

🎯Direction: Long

⚡Entry/Order: 0.156848 - 0.157320

🛑Stop loss: 0.149454

🚀Target 1: 0.169119

🚀Target 2: 0.175018

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If price falls back to entry level, automatically exit to protect principal.

Depth logic: Current order book buy orders overpower sell orders, selling pressure is quickly absorbed. 4H volume continues to expand, funding rate at 0.018% is in a healthy range, no signs of overheating. After this high-level strong consolidation, breaking previous highs is highly probable. Risk-reward ratio approximately 1:2.4, offering a sniper opportunity in high volatility environment.

Check real-time market 👇 $VELVET
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