[$VELVET Signal] Long 1H Momentum Continuation / Overbought Zone Battle

$VELVET RSI surged to 80.21, the 1H Bollinger upper band was repeatedly broken. 4H MACD histogram is still expanding, bullish momentum not exhausted. Bid depth is weak (bid/ask 0.82), but price refuses deep pullbacks, each retracement is quickly recovered. Funding rate 0.0529%, long position cost controllable. Currently in an acceleration phase, overbought needs caution, but momentum sufficient to cover stop loss cost.

🎯Direction: Long

⚡Entry: 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Deep Logic: OI stable, main positions not withdrawn. 1H consecutive bullish candles closing, buying pressure continuously raising price, although depth imbalance, support capacity is acceptable. Risk-reward ratio 1.5, short-term snipe feasible.

View real-time quotes 👇 $VELVET
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