$VELVET Signal】Bullish momentum fading, sniping long at high levels


$VELVET RSI 1H 82.6, MACD histogram continuously shrinking. Price surged to 1.488 then pulled back, with resistance from 1H Bollinger upper band at 1.481. 4H MACD expanding but 1H volume declining, buying pressure weakening.
🎯Direction: Long
⚡Entry/Pending: 1.384235 - 1.388400
🛑Stop Loss: 1.318980
🚀Target 1: 1.492530
🚀Target 2: 1.544595
🛡️Trade Management: - Upon reaching Target 1, reduce position by 50%, move stop loss to breakeven. If price falls back to entry, exit automatically.
Deep Logic: OI stable, funding rate 0.0676% neutral to high. Order book bid depth 16.26%, support below is acceptable, but selling pressure gradually emerging. 1.5x risk-reward ratio, acceptable for short-term trade.
View real-time quotes 👇 $VELVET
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VELVET104.92%
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