【$VELVET Signal】Going long - 1H funds backstop, buy-side depth crush

$VELVET Buy-side depth is 2.10x; the 1H Bollinger upper band at 0.6402 is already within arm’s reach. The 4H MACD histogram continues expanding, and bullish momentum shows no signs of weakening.

🎯 Direction: Go long

⚡ Entry / Orders: 0.628010 - 0.629900

🛑 Stop-loss: 0.623601

🚀 Target 1: 0.639349

🚀 Target 2: 0.644073

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

In this pump, the funding rate is only 0.005%, far from overheating, and there is still room for adding positions. The risk-reward ratio is 1.5; the stop-loss is set tightly to the recent low—worth a gamble.

View live quotes 👇 $VELVET
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