$VELVET Signal】1H momentum decay, abnormal funding rate, short-term pullback to go long


$VELVET RSI 1H 70.11, 4H 84.42 already deep in overbought zone. 4H MACD bullish histogram shrinking, momentum slowing down.
Buy order depth ratio of 2.43, high-level order thickness far exceeds expectations, exposure of willingness to absorb.
Funding rate at 0.0815% approaching extreme, slight short squeeze pressure still exists.
🎯Direction: Long
⚡Entry/Order: 1.57498 - 1.57972
🛑Stop loss: 1.50073
🚀Target 1: 1.69820
🚀Target 2: 1.75744
🛡️Trade management: - Reduce position by 50% after reaching Target 1, move stop loss to break even.
If price falls back into entry zone, actively exit.
Depth logic: 4H trend remains strong, but 1H volume decreasing, pullback is more cautious than chasing longs.
Big buy orders support the floor + high fee rate, attempting to game a second volume increase after a rally is currently a better profit and loss choice.
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VELVET126.77%
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