【$VELVET Signal】Bullish momentum continues; 1H rises along EMA20

$VELVET RSI 1H 63.46 and the MACD histogram is in positive territory, with bars narrowing; the 4H Bollinger upper band 0.5622 has already been broken. Dense buy limit orders near 0.5368; bids continue to prop up the price.

🎯 Direction: long

⚡ Entry/Limit 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, reduce the position by 50% and move the stop loss up to breakeven. If price falls back to the entry area, automatically exit to protect principal.

Negative funding rate -0.002%, OI stable, and bullish capital has not left. After a breakout with increased volume on 4H, it pulled back with decreased volume; the rebound support is acceptable. Here the risk-reward is still decent—aiming for the short-term breakout stretch.

Check live market 👇 $VELVET
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