$VELVET Signal】Long · 1H Momentum Acceleration + Bollinger Band Opening Expansion


$VELVET RSI soared to 80.42, with 5 consecutive bullish candles on the 1H chart, buying pressure continuously pushing prices higher, but sell volume depth ratio is -8.26%, indicating subtle weakening of buying strength. The 4H Bollinger Bands are opening, and the price has already broken above the upper band at 0.4256, with momentum still accelerating. MACD double-cycle golden cross expanding, bullish momentum still in release phase. After this rapid surge, chasing orders may not have an ideal risk-reward ratio, but the probability of inertia continuation under strong momentum is higher; short-term trading can be attempted.

🎯Direction: Long

⚡Entry/Order: 0.453974 - 0.455340

🛑Stop Loss: 0.4507866

🚀Target 1: 0.4621701

🚀Target 2: 0.4655852

🛡️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 to the entry level, automatically exit to protect capital.

Depth Logic: OI stable, funding rate at 0.005% normal, no short squeeze signals. The 1H RSI at 75 still has upward momentum, but watch out for accumulated sell orders on the order book. If the upper Bollinger Band is broken and then retested and stabilized, it can be considered a secondary confirmation.

Check real-time market 👇 $VELVET
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