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【$VELVET Signal】Pullback with multiple entries + 1H buy support
Buy order depth 2.38, funding rate 0.044%, 4H MACD golden cross but decreasing histogram. 1H MACD death cross widening, price dropped from 0.13338 to 0.11226 then rebounded to 0.1224. RSI 1H 56.72, 4H RSI 71.38, short-term buy wall but high-level selling pressure not yet released. Depth data shows very thick support orders below, bid/ask ratio 2.38, bulls actively absorbing. Current profit/loss ratio is average, but the funding support features are obvious, making it worth betting on a continued rebound.
🎯Direction: Long (Pending order)
⚡Entry/Order: 0.12178
🛑Stop loss: 0.09860
🚀Target 1: 0.12984
🚀Target 2: 0.14026
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.
View real-time market 👇 $VELVET
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