$VELVET Signal】Long + 4H Bollinger Breakout + Deep Bottoming


$VELVET The upper band of the 4H Bollinger at 0.2573 was broken through, the buy order depth is 2.33 times the sell order depth, the capital bottoming intention is fully exposed. RSI at 91.23 is in an extreme zone, but there is dense buying below, and selling pressure is quickly absorbed. Although the 1H MACD bullish momentum slightly weakens, the price continues to hit new highs, and short-term buying continues to push higher. This forced rally under extreme overbought conditions, with a risk-reward ratio of 1.5 times, can be participated in with strict stop-loss execution.

🎯Direction: Long

⚡Entry/Order: 0.254534 - 0.255300

🛑Stop-loss: 0.242535

🚀Target 1: 0.274448

🚀Target 2: 0.284021

🛡️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 the principal.

Depth logic: OI remains stable, fee rate at 0.0755% shows no abnormalities, and the depth imbalance indicates strong buyer intent. The high RSI level does not justify shorting, and riding the trend is more reasonable.

Check real-time market 👇 $VELVET
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