$VELVET Signal】Long Direction + 1H Short Squeeze Structure


$VELVET RSI 86.49 consolidating in overbought zone, 1H MACD death cross but volume shrinking, selling pressure quickly absorbed. Bid/Ask depth ratio 0.35, sell-side order book overhead, funding rate 0.0815% staying high, short position cost rising. Price stuck in narrow range 1.85-1.86, OI stable, bulls accumulating.

🎯Direction: Long

⚡Entry/Limit Order: 1.850631 - 1.856200

🛑Stop Loss: 1.837638

🚀Target 1: 1.884043

🚀Target 2: 1.897965

🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven level. If price drops back to entry level, exit automatically to protect capital.

4H Bollinger Band upper rail at 2.2187 far above current price, bulls still have room. 1H RSI at 65 not overheated, short-term pullbacks well supported. Current risk-reward ratio 1.5, high short funding rate constitutes a potential squeeze catalyst.

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