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【$VELVET Signal】Bullish support strong, 1H pullback sniper
$VELVET Buy order depth ratio 1.96, capital support intention fully exposed. 1H RSI falls back to 55.7, stabilizes after pulling back to the middle band of Bollinger at 0.3804. 4H MACD contracts but remains above zero line, bullish trend intact. Current quote 0.3996, place order directly in the zone.
🎯Direction: Long
⚡Entry/Order: 0.398401 - 0.399600
🛑Stop loss: 0.395604
🚀Target 1: 0.405594
🚀Target 2: 0.408591
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.
The lower support quickly absorbs selling pressure, with limited depth of pullback. The risk lies in the 1H MACD bearish divergence expanding, but stop loss is narrow, and risk-reward ratio is reasonable.
Check real-time market 👇 $VELVET
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