$VELVET Signal】Bullish breakout continues, no 1H top divergence yet


RSI 4H surged to 80.21, funding rate 0.0529% still in safe zone, buy-side depth ratio 0.82 lower than sell-side, but volume has expanded for two consecutive hours, MACD histogram continues to widen. The 4H Bollinger Band upper line at 0.7152 has been broken, current price 0.8056 stands firmly above the upper band, bullish defense line solid. No top divergence at the 1H level, pullback momentum weak.
🎯Direction: Long
⚡Entry/Limit: 0.803183 - 0.805600
🛑Stop Loss: 0.797544
🚀Target 1: 0.817684
🚀Target 2: 0.823726
🛡Trade Management: - Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.
Deep logic: OI trend stable, combined with consecutive 4H bullish candles breaking previous highs, sufficient turnover near 0.80, short-term short-squeeze risk outweighs pullback risk. Open interest not shrinking, funding rate 0.05% insufficient to trigger long exodus, continuation play has reasonable probability.
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