【$VELVET Signal】Long position, pullback supports EMA20

$VELVET 1H RSI 53.76, price has retested near EMA20 (0.7579), 4H MACD bullish histogram continues to narrow, 1H MACD bearish histogram weakening, volume shrinking.
Order book sell pressure slightly higher than buy pressure (depth imbalance -11%), but order density in the 0.76-0.77 range is increasing, funding rate at 0.0116% is within normal range, long position cost is manageable.
Current risk-reward ratio is 1.5, short-term trading offers a relatively reasonable cost-performance ratio.

🎯Direction: Long

⚡Entry/Order: 0.7701 - 0.7724 (place limit orders within current price range or enter at market price directly)

🛑Stop loss: 0.7646463

🚀Target 1: 0.7839555

🚀Target 2: 0.7897483

🛡️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.

Check real-time market 👇 $VELVET
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