$VELVET Multi-head Sniping: High fees + shrinking volume consolidation, target 1.8554


Funding rate 0.0762%, long positions have a relatively high cost. 1H RSI 64, 4H RSI 81, momentum structure has a gap. Deep buy/sell ratio 0.10, sell orders dominate buy orders. Candles narrow, volume diminishes, bulls and bears enter a heated battle. Market sentiment is bullish but order intake is weak, profit/loss ratio is still acceptable, wait for a pullback to place orders.

🎯Direction: long

⚡Entry/Order: 1.6628 - 1.6678

🛑Stop loss: 1.5844

🚀Target 1: 1.7929

🚀Target 2: 1.8554

🛡️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 capital.

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