【$VELVET Signal】Long position with volume breakout on 1H + continuation of bullish trend on 4H

$VELVET RSI on 1H skyrocketed to 72, buy order depth ratio at 1.97 times, 4H MACD histogram continues to expand. Current price 1.1845 breaks above the 4H Bollinger Band upper band at 1.0696, buying pressure actively absorbing, no obvious selling pressure. Continuous volume-increasing bullish candles on 1H, clear net capital inflow characteristics.

🎯Direction: Long

⚡Entry/Order: 1.1809 - 1.1845

🛑Stop loss: 1.1253

🚀Target 1: 1.2734

🚀Target 2: 1.3178

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect principal.

Depth logic: Position size remains stable, bulls are not rushing to exit; funding rate at 0.043% is in a healthy range, no signs of overheating. High-level chasing longs requires caution of pullback risk, but short-term momentum still dominates the market, and trend-following trading offers a reasonable risk-reward ratio.

Check real-time market 👇 $VELVET
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