$VELVET Signal: Rebound to the 1H Bollinger lower band for long entries, 4H bullish trend not broken

$VELVET 0.4545 price is close to the 1H Bollinger lower band at 0.3629? No, the lower band is 0.3629, current 0.4545 is far above it, but the 1H middle band at 0.4677 has already been broken, the 4H MACD bullish histogram at 0.0204 is still shrinking but remains positive, the 4H Bollinger middle band at 0.4090 provides strong support. Deep order book sell pressure -23.21%, but buy orders are densely clustered around 0.45, open interest remains stable and not shrinking, this low-level support is worth a try for a rebound.

🎯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 position by 50% after reaching Target 1, and move stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Deep order book logic: 1H MACD death cross extended but RSI at 50.95 is neutral, 4H bullish structure still intact, rebound off the 4H Bollinger middle band without breaking it, funding rate stable, this looks more like short-term clearing of floating positions. Risk-reward ratio 1.5, acceptable.

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