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【$VELVET Signal】Bulls target 1H—funds pushing + negative funding squeeze
$VELVET 1H MACD bullish histogram continues to expand, EMA20 crosses above EMA50, and buy orders keep pushing prices higher. Deep liquidity shows buy-side support around 0.535; negative funding at -0.002% helps the price stay firm, and short-squeeze conditions are gradually forming.
🎯Direction: Go long
⚡Entry/Orders: 0.535190 - 0.536800
🛑Stop-loss: 0.509960
🚀Target 1: 0.577060
🚀Target 2: 0.597190
🛡️Trade management:
- Execution strategy: After reaching Target 1, cut position size by 50% and move the stop-loss up to breakeven. If price drops back to the entry area, exit automatically to protect principal.
4H Bollinger Bands are opening upward. After the price pulls back to the middle band and holds, it lifts again; momentum hasn’t shown signs of exhaustion. RSI 1H at 63 hasn’t entered overbought yet, so there’s still upside room. Negative funding rates suggest short pressure; this structure tends to trigger short-term acceleration. The risk-reward ratio of 1.5 is acceptable; the stop-loss based on ATR is about 4.8%, keeping risk controllable.
Check real-time market data 👇 $VELVET
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