$VELVET Signal】Bullish snipe: 4H trend continues, 1H pullback confirmed


$VELVET RSI 1H is still at 71.6 on the high side, and the depth ratio at 0.42 shows sell-side dominance. The 4H MACD histogram at 0.0957 continues to expand, and the Bollinger upper band at 1.4195 is suppressing price without being broken. The 1H MACD shorts’ volume is shrinking, and price is converging in a narrow range of 1.38-1.41.

🎯Direction: long

⚡Entry / Pending order: 1.4058 - 1.4100

🛑Stop loss: 1.3959

🚀Target 1: 1.4311

🚀Target 2: 1.4417

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss to break-even. If price drops back to the entry level, automatically exit to protect the principal.

Current risk-reward ratio is about 1.5, and the funding rate of 0.0644% triggers caution. The 4H trend remains unchanged; the 1H pullback around 1.38 finds support—waiting for the snipe to break above the upper band.

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VELVET124.25%
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