【$VELVET Signal】Pullback to add long positions, MACD golden cross momentum to be released

$VELVET 1H level rally and pullback, price retraced to the upper half of the 4-hour Bollinger Bands. The MACD bullish crossover structure remains intact, but the 1-hour histogram momentum is shrinking. Buying interest is clearly accumulating around 0.0769, and the imbalance in depth indicates strong willingness to support lower levels. Open interest remains stable, the fee rate is healthy, and there is no excessive enthusiasm. The pullback at this level seems more like a bullish shakeout, preparing for the next surge. The risk-reward ratio is currently very favorable, making it a good opportunity to position.

🎯Direction: Long

⚡Entry/Order: Buy in batches within the 0.0733 - 0.0752 range

🛑Stop loss: 0.0727

🚀Target 1: 0.0853

🚀Target 2: 0.0904

🛡️Trade management:
- Execution strategy: After reaching the first target, halve the position; move the remaining stop loss up to the entry price. If the price cannot hold above 0.0755, consider exiting early.

The 4-hour chart price has broken above all short-term moving averages, and the medium-term trend is warming. Recent candles show increased volume, but the price has not dropped sharply, indicating effective absorption of selling pressure. Combined with the 1-hour RSI pulling back from high levels and stabilizing around 60, the momentum remains healthy. Market depth shows that sell orders above 0.077 are thinning out, and breaking through this area faces less resistance. Open interest has not decreased with the price pullback, indicating that funds are not leaving but waiting for the right moment.

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