【$VELVET Short-term signal】Pullback on 1H plus continuation long; 4H Bollinger upper band pressure waiting to be broken

$VELVET On a 1H drop to near EMA20, the 4H Bollinger upper band at 0.5556 forms resistance. MACD histogram bars have continuously shortened, and bullish momentum is weakening. In the order book, sell orders are concentrated around 0.505, with higher pending order density than buys. Objectively, the risk-reward for a rebound attempt here is still acceptable, but strict risk control is required.

🎯Direction: long

⚡Entry/limit orders: 0.504083 - 0.505600

🛑Stop loss: 0.500544

🚀Target 1: 0.513184

🚀Target 2: 0.516976

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

Deep logic: OI remains stable, the funding rate at 0.005% is relatively low, and bullish crowding is not high. The 1H RSI at 57 is in a neutral zone, with a possibility of a second push higher. However, 4H-level buy depth is insufficient; the rebound strength depends on whether it can quickly reclaim and hold above 0.51.

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