$VELVET Signal】Pullback to buy, volume breakout confirmation at the bottom


$VELVET 4-hour MACD histogram continues to expand, with the fast and slow lines opening upward, indicating clear bullish momentum. The 1-hour RSI reads 75, high but no divergence, with price running close to the upper Bollinger Band, indicating a strong upward push. The order book shows significantly deeper buy orders than sell orders, with firm capital support.

🎯Direction: Long

⚡Entry/Order: Layered entries in the 0.0769 - 0.0789 range

🛑Stop Loss: 0.0752

🚀Target 1: 0.0937

🚀Target 2: 0.1011

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0820, consider taking partial profits early.

Position size remains stable, and no large-scale exits occurred during the price rally, indicating strong main force support. Combined with positive funding rates, market sentiment leans toward bullishness, but caution is needed for short-term profit-taking corrections. The current risk-reward ratio exceeds 4, making pullback entries with controlled risk feasible. This kind of volume and price increase often signals the start of a new wave of volatility in hot coins.

Check real-time market 👇 $VELVET
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#成长值抽奖赢金条 #加密市场回调 #比特币震荡走弱
VELVET7,01%
BTC-4,46%
ETH-3,93%
SOL-5,05%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin