【$VELVET Signal】In the 4H uptrend, an 1H pullback then provides a buy-the-dip setup

Around $VELVET 0.5890, the buy-side depth is 1.21. The funding rate is 0.005%, which is relatively low. The 1H MACD has a dead cross, but the histogram bars are narrowing. On the 4H Bollinger Bands, the bands are opening upward; the middle band at 0.5008 is away from the current price, and there is still room to the upper band at 0.6302. There has been no panic selling in long positions, and OI remains stable. The current profit/loss ratio is 1.5, offering value for short-term trading.

🎯Direction: Go long

⚡Entry/limit order: 0.58723 - 0.58900

🛑Stop loss: 0.55955

🚀Target 1: 0.63317

🚀Target 2: 0.65526

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

Depth logic: The 4H MACD bullish momentum is slightly weakening, but the 1H pullback near the EMA20 shows stronger dip-buying willingness. The order book indicates that a large number of passive buy orders are stacked in the 0.58-0.59 range. RSI is above 50 and has not entered the overbought zone; multi-timeframe confluence remains bullish. In this kind of structure, small pullbacks are often a rotation of capital rather than the end of the trend.

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