$VELVET Signal】Long | 1H Pullback to Enter Long, 4H Trend Intact


$VELVET RSI 14 surged to 86, but 1H MACD histogram turned negative, short-term momentum contracting. Buy depth accounts for 49.5%, with short-side orders slightly thicker, but the 4H Bollinger Bands mid-line at 1.033 is still far below the current price, the bullish trend foundation remains solid.
🎯Direction: Long
⚡Entry/Pending Order: 1.758 (1.755-1.760 range)
🛑Stop Loss: 1.743
🚀Target 1: 1.787
🚀Target 2: 1.800
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If the price falls back to the entry point, exit automatically to protect principal.
1H pullback near EMA20, sell orders are being gradually absorbed, 4H funding rate at 0.075% is slightly high but hasn't triggered a short squeeze, market sentiment remains bullish. Profit potential is limited, risk-reward ratio about 1.5, respect system signals and execute.
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VELVET23.64%
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