$VELVET Signal - 1H MACD bullish + negative funding rate, short-term long setup

$VELVET Order book depth mismatch -23.43%, sell-side limit orders are visibly thicker. The 1H MACD histogram is still expanding, and bullish momentum has not yet weakened. Price has pulled back from 0.58 to around 0.53; buy-side is building a defense line in the 0.50-0.51 area. This kind of capital flow and momentum combination usually attracts follow-on bids after the pullback is confirmed.

🎯 Direction: long

⚡ Entry: 0.529806 - 0.531400

🛑 Stop loss: 0.504830

🚀 Target 1: 0.571255

🚀 Target 2: 0.591182

🛡️ 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 zone, automatically exit to protect principal.

1H RSI 62.58 is still far from overbought; the 4H MACD fast and slow lines are crossing upward. Although depth is somewhat bearish, the price is holding up well. The negative funding rate suggests bearish capital costs are higher—once a short squeeze starts, upside room could be substantial.

Check real-time price 👇 $VELVET
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