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【$VELVET Signal】1H Breaks above Bollinger upper band, bulls pursue
$VELVET RSI 1H 82.33, price above Bollinger upper band by 0.1759, MACD double-cycle expansion. Deep imbalance -26.37%, selling pressure slightly thicker but buying still pushing higher. In this rapid surge, chasing inertia is more practical than guessing the top.
🎯Direction: Long
⚡Entry/Order: 0.17569 - 0.17622
🛑Stop loss: 0.17446
🚀Target 1: 0.17886
🚀Target 2: 0.18018
🛡️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 to protect principal.
View real-time market 👇 $VELVET
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