【$VELVET Signal】Long: 1H pullback to EMA20 + 4H bullish trend continuation

$VELVET 1H MACD shows a death cross but price stays above EMA20 at 1.49, buy orders are densely clustered around 1.71, deep negative 40% indicates sellers are dominant but absorption is strong. The 4H Bollinger upper band at 1.835 remains a resistance, RSI at 83 shows no divergence, momentum has not yet exhausted.
🎯Direction: long
⚡Entry/Order: 1.7133943 - 1.7185500
🛑Stop loss: 1.6326225
🚀Target 1: 1.8474412
🚀Target 2: 1.9118869
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.
Open interest remains stable, fee rate at 0.005% is neutral, after short-term selling pressure is absorbed, bulls are likely to continue testing previous highs. Risk-reward ratio 1.5, probability advantage.
View real-time market 👇 $VELVET
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