【$VELVET Signal】Pullback to buy on dips after multiple 4H longs + 1H volume contraction following a callback

$VELVET RSI-1H dropped from 68 to 53, 1H MACD volume bars continue to narrow, indicating bulls are actively slowing down. Price retraced from the high of 0.6099 to around 0.49, while the 4H MACD remains bullish and diverging, with the middle band of the Bollinger Bands tilting upward to 0.397. The order book’s buy depth ratio is 1.22, but the last three 1H candles have closed bearish consecutively, indicating sellers are starting to dominate the short-term rhythm. Funding rate is 0.0346%, long positions have a relatively high cost but have not triggered chain liquidations. Current risk-reward ratio is 1.5, and placing an order around 0.485 has strategic value for trading.

🎯Direction: Long

⚡Entry/Order: 0.48554 - 0.48700

🛑Stop Loss: 0.46265

🚀Target 1: 0.52353

🚀Target 2: 0.54179

🛡️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.

Depth Logic: The 4H MACD bullish momentum is still being released, and the 1H retracement has reached the lower end of the recent dense trading zone, with the price near the EMA20-4H (0.4203) level. Open interest remains stable without significant reduction, indicating main funds have not exited. The order book around 0.485 shows clear thickness, with a strong willingness to buy in the short term. Market sentiment has shifted from frenzy to calm, and low buy-in points are safer than chasing highs.

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