$VELVET Signal】Long Entry: 1H price holds steady at 1.41, selling pressure piles up but buying orders are strong


$VELVET 1H MACD histogram turns negative, yet price counter-trends sideways at 1.41, with aggressive buying below. 4H Bollinger Band upper rail at 1.4195 is close, volume hasn't shrunk, breakout intention is clear.
🎯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 position by 50% and move stop loss up to breakeven. If price falls back to entry, exit automatically to protect principal.
Deep logic: Although order book ask depth ratio is -40%, active buying orders continue to absorb, price refuses to fall. This narrow-range consolidation under strong resistance is often a precursor to breakout. Combined with stable OI and neutral funding rate, short-term longs have an edge in risk-reward.
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VELVET114.81%
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