【$VELVET Signal】Short-term long snipe, 1H oscillating upward

$VELVET 1H MACD histogram turned negative, but price did not break below 1.48, with volume shrinking to 10.76M. 4H RSI 83.82, buying orders are still actively pushing price upward. Order book depth imbalance 10.21%, with dense orders below. Current price 1.503, still room to 4H Bollinger Upper Band 1.673, risk-reward ratio 1.5, acceptable for a short-term snipe.
🎯Direction: Long
⚡Entry/Pending Order: 1.49849 - 1.50300
🛑Stop Loss: 1.48797
🚀Target 1: 1.52555
🚀Target 2: 1.53682
🛡️Trade Management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back to entry price, exit automatically to protect principal.
View real-time quotes 👇 $VELVET
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