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$VELVET Signal: Bullish breakout, capital continuously pushing up within 28.98% gain
$VELVET Current price 1.7382, 28.98% daily gain, buy depth ratio slightly higher, dense support below 1H/4H. Capital support intention is clear, but short-term deviation from moving averages is too large.
🎯Direction: Long
⚡Entry/Limit Order: 1.735593 - 1.738200
🛑Stop Loss: 1.720818
🚀Target 1: 1.764273
🚀Target 2: 1.777309
🛡️Trade Management:
- Execution Strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect capital.
After the rapid surge, the pace of aggressive buying has slowed. The 1H long/short ratio shows sell pressure is being quickly absorbed. Support orders around 1.72 are clear, risk-reward ratio 1.5, current participation value for money is neutral.
View real-time quotes 👇 $VELVET
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