$VELVET Signal】1H range-bound accumulation + extremely low-fee long


$VELVET The funding rate is only 0.005%, with moderate long/short position exchanges. The 4H Bollinger upper band at 0.6473 is acting as resistance; after the 1H pulled back to the EMA20, buy orders stepped in again and pushed price up, with strong order placement near 0.6142.
🎯 Direction: Long
⚡ Entry/limit orders: 0.612258 - 0.614100
🛑 Stop loss: 0.607959
🚀 Target 1: 0.623311
🚀 Target 2: 0.627917
🛡️ Trade management: - Execution strategy: After reaching Target 1, cut positions by 50% and move the stop loss up to breakeven. If price drops back to the entry area, automatically exit to protect principal.
The bid depth is slightly more bearish than 0.91, but the consecutive 1H long lower wicks show strong support below. This rebound’s volume hasn’t fully expanded, but in a low-fee environment, the shorts’ willingness to press is limited, and the risk-reward ratio of 1.5 is still acceptable.
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VELVET11.66%
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ETH0.27%
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FenerliBaba
· 3h ago
2026 GOGOGO 👊
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