$VELVET Signal Long | High Funding Rate + Deep Buy Wall Support

$VELVET RSI 4H surged to 89.45, 1H MACD bearish crossover but green bars narrowing. Buy depth ratio 2.02, bid wall densely stacked around 1.81, funding rate 0.0844% still not squeezed. Buyers actively absorbing sell pressure, the 1.80-1.82 range tested repeatedly but not broken. Current risk-reward ratio 1.5. If volume breaks and holds above 1.815, upside space opens.
🎯Direction: Long
⚡Entry/Limit Order: 1.809854 - 1.815300
🛑Stop Loss: 1.797147
🚀Target 1: 1.842529
🚀Target 2: 1.856144
🛡️ 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 principal.
(Funding rate approaching 0.1% threshold. Once positive rate turns negative, a short squeeze could trigger at any time. Buy depth remains above 1.8, market maker protection intent is clear.)
Check real-time price 👇 $VELVET
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