【$VELVET Signal】Pullback to buy, main force clearly intends to support the market

$VELVET 1H level rebounds and pulls back, but buy orders above the 4H Bollinger Band middle band are very strong. Open interest remains stable, funding rates are moderate, and there is no sign of panic selling.

🎯Direction: Long

⚡Entry/Order: 0.07294 - 0.07482

🛑Stop Loss: 0.07230

🚀Target 1: 0.08492

🚀Target 2: 0.08997

🛡️Trade Management:
- Execution Strategy: Reduce 50% of positions after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Order book depth shows dense orders below 0.0775, with active capital absorption. Although the 1-hour MACD fast and slow lines are high, the histogram has not significantly contracted, indicating bullish momentum remains. The 4-hour price stays above the moving average cluster, and the short-term moving averages are in a healthy golden cross. This rapid retracement after volume-price divergence seems more like a shakeout of short-term holders rather than a trend end. Risk-reward ratio exceeds 4, making it a good opportunity to position.

Check real-time market 👇 $VELVET
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