【$VELVET Signal】1H retracement to EMA50 support, long positions hidden

$VELVET 1H MACD death cross, price falls below EMA20 to 0.1148, 4H bullish trend not broken. Dense buy orders around 0.1102, with a depth ratio of 1.86 exposing capital to support intentions.
🎯Direction: Long (Pending orders)
⚡Entry/Order: 0.1102 - 0.1120
🛑Stop loss: 0.09731
🚀Target 1: 0.12612
🚀Target 2: 0.13572
🛡️Trade management: Half position reduction at Target 1, move stop loss to entry price; if it falls back into the order zone without triggering, cancel.
Funding rate 0.043% is relatively high, but OI is stable, and bears have not increased their positions. Current risk-reward ratio is about 1:3, worth betting on a rebound.
View real-time market 👇 $VELVET
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