$VELVET Signal: 1H momentum continues, funds support long positions


$VELVET RSI(1H) 68.85, MACD bars continue to expand, 1H Bollinger upper band around 2.0452 with increased trading volume. Funding rate 0.084% is high but has not triggered a sharp reversal. Sell-side depth ratio is slightly high but bid orders are dense at the 2.00 level. 4H MACD bars begin to shrink, high-level battle needs to be wary of sharp dropbacks. Spot sentiment is overheated, but 1H momentum has not yet faded; short-term trading needs to be alert to sharp rises and falls.
🎯Direction: Long
⚡Entry/Limit: 2.000481 – 2.006500
🛑Stop: 1.986435
🚀Target 1: 2.036598
🚀Target 2: 2.051646
🛡️ Trade Management: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price drops back to entry, exit automatically to protect principal.
Deep logic: OI stability indicates existing funds have not left; 1H buy orders provide support at the 2.00 level. Although 4H is heavily overbought, 1H MACD shows no death cross signal yet, and short-term funds are still pushing up. Risk-reward ratio is about 1.5, suitable for quick entry and exit.
View real-time quotes 👇 $VELVET
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#0成本拿2股SK海力士 #Saylor暗示增持BTC #预测世界杯巴西vs日本
VELVET20.12%
BTC-0.43%
ETH0.48%
SOL2.37%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned