$VELVET Signal: 4H bullish continuation + 1H pullback to go long

$VELVET 4H MACD histogram value 0.0076 continues to expand, funds are steadily pushing higher. The 1H RSI has fallen back from overbought territory to 75.99, with no signs of selling pressure breaking through.

🎯Direction: long

⚡Entry/Order: 0.2667473 - 0.2675500

🛑Stop loss: 0.2541725

🚀Target 1: 0.2876163

🚀Target 2: 0.2976494

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

The 4H Bollinger Band upper band is at 0.2783, with room still available above the current price. Volume remains stable around 0.267, quickly digesting selling pressure. Although the 1H MACD shows a death cross, the histogram value is decreasing, indicating a manageable correction. The funding rate of 0.0163% is relatively low, with no signs of overheating in bullish momentum. In this environment, chasing gains offers a favorable risk-reward ratio.

Check real-time market 👇 $VELVET
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