$VELVET Signal】short | 1H MACD death cross suppressing, sell depth dominates


$VELVET Although the 4H MACD histogram is positive, a death cross has appeared on 1H, causing the price to drop from 0.5691 to 0.5252, with selling pressure gradually transmitting. Sell depth accounts for 55%, buying strength is weak, and short-term rebound momentum is declining.
🎯Direction: short
⚡Entry/Limit Order: 0.523624 - 0.525200
🛑Stop Loss: 0.551460
🚀Target 1: 0.485810
🚀Target 2: 0.466115
🛡️Trade Management: - Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss up to breakeven. If the price falls back to the entry point, exit automatically to protect capital.
Deep Logic: RSI 1H is at 48.29, neutral to weak, not oversold, with room below. Spot depth shows more sell orders stacking, and the bearish pattern continues. Risk-reward ratio 1.5, worth betting on intraday downward inertia.
View real-time quotes 👇 $VELVET
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VELVET12.75%
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