$VELVET Signal】Bullish breakout above the 1H Bollinger upper band + fund support


$VELVET The 1H Bollinger upper band at 0.6535 was pierced, while the 4H MACD histogram at 0.0149 is still expanding. Buy-side depth is higher than 1.05; orders are densely placed around 0.636, indicating clear bullish intent to push the price.

🎯Direction: Go long

⚡Entry/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 size by 50% and move the stop loss up to breakeven. If the price drops back to the entry level, exit automatically to protect principal.

Depth logic: The 4H middle band at 0.5148 is still far from the current price, and bulls still have room to push. RSI on 1H is 59.99, not overbought; if it continues to break above 0.648 with sustained volume expansion, the upside targets are within reach. A rational risk-reward ratio is about 1.5, worth a strike.

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Satoshi̇Nakamato
· 2h ago
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