【$VELVET Signal】Funding rate stable + 1H breakout from consolidation, enter long.

$VELVET The 1H Bollinger Bands middle band at 1.48 becomes short-term support, with price holding above 1.63. The 4H MACD bullish bars are shrinking but no death cross, and RSI touched a high of 87 without divergence. Order book depth Bid/Ask Ratio 0.57, selling pressure relatively weak, funding rate 0.052% in neutral zone, long position cost manageable.
🎯Direction: Long
⚡Entry/Limit Order: 1.634382 - 1.639300
🛑Stop Loss: 1.557335
🚀Target 1: 1.762247
🚀Target 2: 1.823721
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect capital.
1H volume shows decreasing in the 1.62-1.64 range, momentum for chasing highs is slightly insufficient, but the 4H uptrend remains unbroken. Current risk-reward ratio of 1.5 is acceptable, limit orders on the left side are more prudent.
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