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$VELVET Signal】 Buy on pullback + order book depth support
$VELVET Order book buy/sell depth ratio 2.23, with buy orders below exceeding selling pressure by more than two times. Price is 0.9924, and the 1H low of 0.9818 remains unbroken. The 4H MACD histogram is -0.0115, with bearish momentum still being released. The funding rate is 0.0645%, futures funding costs are moderate, and OI remains stable.
🎯 Direction: Long
⚡ Entry/Limit order: 0.989423 - 0.992400
🛑 Stop-loss: 0.982476
🚀 Target 1: 1.007286
🚀 Target 2: 1.014729
🛡️Trade management:
- Execution strategy: After reaching Target 1