【$VELVET Signal】Long + 1H strong breakout with solid buying pressure

$VELVET Order book buy/sell depth ratio 2.08, 4H MACD bars still expanding, 1H RSI 69.77 shows no top divergence. The price has already broken above the 4H Bollinger upper band at 1.2818, with funds continuously pushing higher. The 1H close has consistently stayed above EMA20_1h 1.0651, indicating bullish active attack. Current risk-reward ratio is 1.5, with a 1% stop-loss distance, suitable for short-term sniper trades.
🎯Direction: long
⚡Entry/Order: 1.4557795 - 1.4601600
🛑Stop-loss: 1.4455584
🚀Target 1: 1.4820624
🚀Target 2: 1.4930136
🛡️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 into the entry zone, automatically exit to protect principal.
4H Open Interest remains stable, funding rate at 0.0889% slightly high but not triggering a short squeeze, market acceptance is strong. After a short-term surge, profit-taking may occur, but it remains a healthy correction.
Check real-time market 👇 $VELVET
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