$VELVET Signal】Go long | 4H trend support + 1H volume contraction stabilizes


$VELVET After dipping to 0.474 on the 1H timeframe, it rebounded to 0.495. The 4H Bollinger middle band at 0.4359 is far below, and the medium-term bullish structure hasn’t broken. The 1H MACD formed a dead cross, but the 4H histogram is still positive—marginal switching between buy and sell power. In the order book, Bid/Ask is 0.78, with sell pressure heavier; however, in the 0.48-0.49 range there are dense buy orders stacked on the wall, indicating clear capital support.

🎯 Direction: Go long

⚡ Entry / Limit order: 0.4939 - 0.4954

🛑 Stop loss: 0.4706

🚀 Target 1: 0.5326

🚀 Target 2: 0.5511

🛡️ Trade management:
- Execution plan: After reaching Target 1, cut 50% and move the stop loss up to breakeven. If price falls back to the entry level, exit automatically to protect principal.

The 4H RSI at 51.6 is neutral; the 1H RSI at 49.6 is slightly weak, but trading volume has shrunk by more than 60% from the high point—sell pressure has been released sufficiently. Funding rate at 0.005% is stable, OI shows no abnormal changes, and shorts have not actively added. The risk-reward ratio is 1.5; the stop loss is about 5% away from the entry, which is within an acceptable risk exposure. If this level is broken, the next buffer will be the 4H EMA20 (0.4687).

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