【VELVET Signal】Deep Imbalance + 1H Bullish Defense, Sniping a Rebound

VELVET shows a deep imbalance of -52.74%, with buying pressure almost completely absent, yet the price remains firmly within the 0.508-0.509 range. The 1H MACD momentum is contracting, and after a concentrated release of selling pressure, key support has not been broken. The 4H Bollinger Band upper band at 0.5554 forms a short-term ceiling, and the current price is only 1% away from the stop-loss, making the risk-reward ratio clear.

🎯 Direction: Long

⚡ Entry/Pending Order: 0.508071 - 0.509600

🛑 Stop Loss: 0.503391

🚀 Target 1: 0.518913

🚀 Target 2: 0.523570

🛡️ Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to break-even. If the price falls back to the entry level, automatically exit the position to protect capital.

Funding rate: 0.005%, normal level, no short squeeze incentive. Although current market support is weak, the bears have not taken advantage of the situation to push the price down. This stalemate often brews a short-term rebound. Use the stop loss to lock in risk and aim for liquidity replenishment at Target 1.

View real-time market data 👇 $VELVET ‌
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