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【$VELVET Signal】Pullback to 1H midline with bullish accumulation, buy-side support structure is complete
$VELVET Buy-side depth 6% premium, orders stacked in the 0.438-0.44 range totaling 16 million, clear intention of capital support. The 4H MACD histogram narrows but remains above zero, 1H RSI falls back to 52, not oversold but forming midline support.
🎯Direction: Long
⚡Entry/Order: 0.439378 - 0.440700
🛑Stop loss: 0.418665
🚀Target 1: 0.473753
🚀Target 2: 0.490279
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to breakeven. If price falls back into the entry zone, automatically exit to protect capital.
High funding rate of 0.02% does not suppress downward support, short-term selling pressure is quickly absorbed, risk-reward ratio of 1.5 makes it worth betting.
Check real-time market 👇 $VELVET
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