$VELVET Signal: Bullish short squeeze + 1H momentum continuation

$VELVET Deep sell orders are 21.76% more than buy orders, but the price remains around 0.418, and the bears have not broken through. Funding rate is -0.0387% (negative), open interest is stable, and bulls are resisting strongly. The 4H MACD histogram is expanding, indicating momentum is not exhausted.

🎯Direction: long

⚡Entry/Order: 0.4169055 - 0.4181600

🛑Stop loss: 0.3972520

🚀Target 1: 0.4495220

🚀Target 2: 0.4652030

🛡️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.

Current risk-reward ratio is 1.5, which is acceptable; although the short side depth is large, the price shows strong resilience, and a short squeeze logic is used for short-term response. The 1H Bollinger Band upper band is at 0.4622, leaving room for further upward movement.
Check real-time market 👇 $VELVET
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