【$VELVET Signal】Pullback to buy, 1H breakout confirmation

$VELVET 1H level stabilizes above EMA20, 4-hour Bollinger Bands are widening strongly, and the price has broken above the upper band. Buy orders are accumulating noticeably around 0.0818, with active order filling continuing. RSI on the 1H chart reads 75, indicating strong momentum but not overbought; the 4-hour MACD histogram continues to expand, confirming a bullish trend.

🎯Direction: Long

⚡Entry/Order Placement: Layered entries between 0.0754 and 0.0773

🛑Stop Loss: 0.0740

🚀Target 1: 0.0902

🚀Target 2: 0.0966

🛡️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, with no large-scale exits during the price rally, indicating strong willingness to hold. Trading volume on the 1-hour chart significantly increases at the breakout, confirming an effective breakout. Current sell pressure is concentrated above 0.0822; once this level is broken, the upside potential will open. The risk-reward ratio is close to 1:4, making this layered entry highly favorable.

View real-time market 👇 $VELVET
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL