$VELVET Signal】Go long on 1H breakout + squeeze liquidation of shorts


$VELVET RSI 1H 63.73, buy-side depth ratio 1.38, funding rate running at a low 0.005%. 4H MACD has bullish divergence; the Bollinger Band upper rail at 0.6519 forms near-term resistance. 1H volume energy is shrinking, but the buy-side has clear support—selling pressure is quickly absorbed.
🎯 Direction: Go long
⚡ Entry/limit orders: 0.636784 - 0.638700
🛑 Stop-loss: 0.632313
🚀 Target 1: 0.648281
🚀 Target 2: 0.653071
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop-loss up to breakeven. If price drops back to the entry level, exit automatically to protect principal.
OI is stable, funding rate is extremely low, and the bears have not formed an effective blockade. The 1H price is running close to the Bollinger Band upper rail, but no breakdown has occurred—there is still momentum in the short term. The risk-reward ratio is about 1.5, worth a bet.
Check real-time quotes 👇 $VELVET
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#PreIPOs第二期OpenAI认购 #Gate现货增速全球第一 #特朗普呼吁尽快通过Clarity法案
VELVET3.19%
BTC-0.67%
ETH-0.05%
SOL-1.54%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned