【$VELVET Signal】Bullish correction with multiple entries, 1H support confirmed

$VELVET 1H MACD histogram -0.0041 and continues to decline, but 4H MACD remains above the zero line with a golden cross, indicating the medium-term bullish structure is intact. The current price 0.4545 is close to the lower band of the 1H Bollinger Bands, order book depth imbalance -23.21% shows selling pressure is concentrated, but dense buy orders around 0.4531 are replenishing. The short-term correction is nearing its end, risk-reward ratio 1.5, suitable for light positions, waiting for capital to push higher again.

🎯Direction: long

⚡Entry/Order: 0.453136 - 0.454500

🛑Stop loss: 0.431775

🚀Target 1: 0.488588

🚀Target 2: 0.505631

🛡️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 principal.

View real-time market 👇 $VELVET
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