【$VELVET Signal】Long 1H surge to the top, buying strength support

$VELVET RSI 4H 82.81, order book buy depth is three times the sell, bulls actively pushing higher. MACD histogram has three consecutive shrinking bars, momentum is waning, but price remains stable near the upper Bollinger Band. Funding rate is 0.0376%, normal, no excessive speculation.

🎯Direction: Long

⚡Entry/Order: 0.1857212 - 0.1862800

🛑Stop loss: 0.1844172

🚀Target 1: 0.1890742

🚀Target 2: 0.1904713

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.

The upper Bollinger Band at 0.1885 forms short-term resistance, but buying support remains strong, with a 1.5x risk-reward ratio; if the price retraces to 0.1845 without breaking, the bullish structure remains valid.

Check real-time market 👇 $VELVET
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