$VELVET Signal】Long | 1H Continuous Bullish Candles Pushing Up, Funding Rate Stable


$VELVET RSI 1H 82.03, Breakout of Bollinger Upper Band at 0.9156 Continues to Probe Higher. 4H MACD Histogram 0.0421 Expanding, but Bid Depth Deviation -13.78% Indicates Selling Pressure at Highs. 1H Continuously Rising with 6 Consecutive Bullish Candles, Volume Peaked at 04:00 and Then Declined, Requires Fresh Capital to Drive Further. Current Risk-Reward Ratio 1.5, Execute the Plan.

🎯Direction: Long

⚡Entry/Limit Order: 0.906173 - 0.908900

🛑Stop Loss: 0.899811

🚀Target 1: 0.922534

🚀Target 2: 0.929350

🛡Trade Management:
- Execution Strategy: Upon reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to the entry level, exit automatically to protect principal.

Depth Logic: 1H MACD Red Bars Shortening, but RSI Has Entered Overbought Zone. Funding Rate 0.0363% Remains Healthy, Low Risk of Short Squeeze. Order Book Sell Pressure Increasing, Needs to Break Above Previous High of 0.944 to Accelerate. Personal Judgment: The Risk-Reward of Chasing Longs Here Is Acceptable, but Position Size Should Not Be Too Large.

Check Real-Time Market 👇 $VELVET
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