$VELVET Signal: 1H support rebound, long positions hidden

$VELVET 1H RSI 54.45, price closely hugging the middle band of Bollinger Bands at 0.4771, 4H MACD histogram still positive but beginning to shorten. Buying depth -6.46%, sell orders slightly dominant, but funding rate at 0.005% is very low, indicating weak bearish momentum. Multiple small-scale pin-point rebounds near 0.4766, with dense orders below around 0.472. Risk-reward ratio approximately 1.5, clear stop-loss, worth a try.

🎯Direction: long

⚡Entry/Order: 0.475170 - 0.476600

🛑Stop-loss: 0.471834

🚀Target 1: 0.483749

🚀Target 2: 0.487324

🛡️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: Although 1H MACD bearish momentum is expanding, the price has not broken below the 0.4648 low, and the 4H moving averages remain in a bullish arrangement. Open interest is stable with no large liquidation actions. Currently in a healthy correction within an uptrend, with signs of stabilization on smaller timeframes.)

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