$VELVET Signal】1H buying support + 4H trend continuation, short-term long


$VELVET Order thickness around 0.84633 is abnormal, capital support intention exposed. 1H MACD negative bar narrows, signs of momentum exhaustion initially appear. 4H Bollinger Bands upper band at 0.9384, middle band at 0.5056, price still in a strong zone. Depth shows sell orders stacking at -42.72%, but buy orders below are quickly replenished, with considerable support strength.
🎯Direction: LONG
⚡Entry/Order: 0.8437910 - 0.8463300
🛑Stop loss: 0.8378667
🚀Target 1: 0.8590250
🚀Target 2: 0.8653724
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If price falls back into the entry zone, automatically exit to protect capital.
Current risk-reward ratio is about 1.5, liquidity is ample, suitable for quick in and out within the intraday volatility range.
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VELVET102.28%
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