$VELVET Signal】Long + Dip Support Level Orders


$VELVET Trading volume 1.467B, 1H Bollinger Band upper band at 1.963 with room to move from the current price, deep imbalance -47.59% but failed to break the 1.53 low. 4H MACD histogram at 0.1146 continues to expand, bullish momentum not fully digested.

🎯Direction: Long

⚡Entry/Order: 1.7606322 - 1.7659300

🛑Stop loss: 1.6776335

🚀Target 1: 1.8983747

🚀Target 2: 1.9645971

🛡️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 to the entry level, automatically exit to protect capital.

1H RSI 68 not overheated, funding rate at 0.088% is relatively low, potential for short squeeze still exists. Buy-side depth is only 0.36, but the price remains firm, indicating high main force control. Good cost performance.

Check real-time market 👇 $VELVET
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VELVET57.95%
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