$VELVET Signal | 1H Bullish Breakout Accelerates, Strong Force to Push Price Higher

$VELVET RSI 4H Surges to 93.6, 1H MACD Histogram Continues to Expand. Buying pressure accumulates around 0.27, high order density in the 0.288-0.289 range. The upper band of the 4H Bollinger Bands has touched 0.2935, widening the gap. Selling depth is dragging but funding rate remains normal, OI is stable, short-term momentum has not exhausted. Current risk-reward ratio is about 1.5, suitable for small stop-loss bets to continue.

🎯Direction: Long

⚡Entry/Orders: 0.2887013 - 0.2895700

🛑Stop-loss: 0.2750915

🚀Target 1: 0.3112877

🚀Target 2: 0.3221466

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move stop-loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

4H RSI is severely overbought but the price refuses to dip sharply, the 1H upper shadow is quickly absorbed, and the bearish rebound is weak. From a multi-timeframe perspective, momentum traders dominate, retail traders are eager to chase the rally. The 0.275 stop-loss offers about 4.7% downside protection, Target 1 has 7.8% room, making the actual risk-reward ratio above 1.5.

Check real-time market 👇 $VELVET
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