$VELVET Signal | 1H Capital Push + Buy on Retracement

$VELVET MACD golden cross continues, 1H Bollinger Bands expand upward, price runs closely above the middle band. Funding rate at 0.0637% is high, but OI is stable, with no panic among longs. Bid depth ratio at 1.97, aggressive buying support below. Current price 1.3478 falls within the suggested range. Current risk-reward ratio 1.5, worth a try, but be wary of squeeze risk from high funding rate.

🎯Direction: Long

⚡Entry/Limit: 1.347775 - 1.349800

🛑Stop Loss: 1.336302

🚀Target 1: 1.370047

🚀Target 2: 1.380171

🛡️Trade Management: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect capital.

Deep Logic: 1H RSI 71.71 is on the edge of overbought but not extreme, MACD histogram starting to shrink, watch for potential momentum exhaustion. But main buy volume ratio 0.50 shows balanced buying/selling, long-short battle underway.

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