$VELVET Signal: 1H momentum decay but strong depth, go long to 0.2637


$VELVET 1H Bollinger Band upper band 0.2725, current price 0.2579 close to the middle-upper band. MACD histogram 0.0010 continuously shrinking, bullish momentum weakening. Buy order depth ratio 1.83, solid orders around 0.258. RSI 1H 76.49, not in extreme overbought zone. 4H trend still upward, but the upper shadow suggests selling pressure. This short-term rally followed by sideways consolidation, trend protection still in place but profit and loss ratio requires close stop-loss monitoring.

🎯Direction: Go long

⚡Entry/Order: 0.257126 - 0.257900

🛑Stop-loss: 0.255321

🚀Target 1: 0.261769

🚀Target 2: 0.263703

🛡️Trade management:
- Execution 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.

Check real-time market 👇 $VELVET
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VELVET34.5%
BTC2.46%
ETH5.35%
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