$VELVET Signal: The 1H dips and then sees more buying; bulls hold the 0.50 support line

$VELVET At 0.5096, depth is imbalanced -52.74% while the funding rate is only 0.005%, and OI remains stable. After the 4H spike, price retraces to the 0.50 round level; the 1H MACD histogram is shrinking on volume, but the fast/slow lines are still above the zero axis. Sell-side pressure is being gradually digested as buy orders show up around 0.505 with support bids.

🎯Direction: long

⚡Entry/Limit orders: 0.508071 - 0.509600

🛑Stop loss: 0.503391

🚀Target 1: 0.518913

🚀Target 2: 0.523570

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

Depth logic: The 0.50 level is above the 1H Bollinger middle band, and the 4H EMA20 (0.4710) provides strong support. The current pullback is a normal correction after a sharp rally; although sell-side depth is large, the buy order volume is also not weak, so the probability of continued rebound is relatively high.

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