$VELVET Signal: Long · 4H bullish momentum continues, 1H consolidation shakeout


$VELVET Deep imbalance -81%, clear sell-side accumulation. 4H MACD histogram 0.1148 still expanding, but 1H shrinks to 0.031. Funding rate 0.076% is relatively high, bulls hard to resist selling pressure. RSI 1h 64.21 not overbought, 4h 81.44 approaching extreme but not reversed. Current price 1.668, has stabilized above 1H EMA20 1.349.
🎯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 position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.
Although sell orders are heavy, price has not broken key support. Short-term game of shorting requires strict stop-loss.
Check real-time market 👇 $VELVET
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VELVET38.87%
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BuyingHighAndSelling
· 1h ago
Encouraging someone to go long is like killing and setting fires.
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mkmknjbhvgcf
· 1h ago
It's exploded!
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