$VELVET Signal】Bullish Breakout + Clear Capital Support


$VELVET RSI 88.71 is oscillating at high levels. On the 4H timeframe, the Bollinger Band upper track at 1.9193 still has room to run. MACD bullish histogram bars are shrinking, but there is no death cross. The order book depth imbalance is 12.43%: bid order thickness is 1.28 times the ask side. The funding rate is 0.0622%, elevated but not extreme, and there is still room for upside momentum to keep pushing.
🎯Direction: Long
⚡Entry/Limit Order: 1.732587 - 1.737800
🛑Stop Loss: 1.650910
🚀Target 1: 1.868135
🚀Target 2: 1.933302
🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce the position by 50% and move the stop loss to breakeven. If price falls back to the entry level, exit automatically to protect capital.
The current risk/reward ratio is 1.5. If the 1.75 psychological level is broken, short-term momentum may accelerate. Open interest is stable, and there are no signs of mass liquidation. The bullish structure is temporarily healthy.
Check the real-time quote 👇 $VELVET
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VELVET31.92%
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