【$VELVET Signal】Pullback to go long, 1H level charging up and ready to launch

$VELVET After a surge at the 1H level, volume decreased during the pullback, and the price is consolidating around 0.0864. The upper band of the 4H Bollinger Bands at 0.0863 has been pierced, but the depth of buy orders is imbalanced at 27.58%, with clear support intentions from the pending orders below. The 1H MACD histogram is contracting, indicating slowing momentum, but the 4H MACD is still expanding strongly, and the long-term trend remains unchanged.

🎯Direction: Pullback to go long

⚡Entry/Orders: Within the 0.07886 - 0.08604 range, current price around 0.0864, can be layered in gradually.

🛑Stop loss: 0.07701

🚀Target 1: 0.08255

🚀Target 2: 0.08439

🛡️Trade management:
- Execution strategy: Reduce half of the position after the price hits 0.08255, and move the remaining stop loss up to the entry price. If the price fails to stay above 0.086 and falls back again, consider exiting early.

Currently, buy orders are thicker than sell orders, and the capital support actions are clear. The 1-hour volume has pulled back from high levels, which is a healthy correction and not capital fleeing. The 4H EMA lines are in a bullish arrangement, with the EMA50 around 0.078 serving as strong support. Under this structure, the risk-reward ratio is appropriate, and risk is controllable.

View real-time market 👇 $VELVET
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#GatePreIPOs首发SpaceX #Gate13周年现场直击 #比特币反弹