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$VELVET Long signal: 4H momentum continues, buy-side depth premium
$VELVET RSI surged to 88.7, buy-side depth premium 12.43%, funding rate slightly rose to 0.062%, but OI stable without surge. 4H MACD bars slowly narrowing from highs, bullish momentum not exhausted, room to Bollinger upper band 1.9193. Current risk-reward ratio 1.5, short-term bias long, stop loss within -4.6%, worth betting.
🎯Direction: Long
⚡Entry/Limit: 1.732587 - 1.737800
🛑Stop Loss: 1.650910
🚀Target 1: 1.868135
🚀Target 2: 1.933302
🛡Trade Management: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, automatically exit to protect principal.
Check real-time quotes 👇 $VELVET
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