【$VELVET Signal】Breakthrough rebound, sniper short squeeze market

$VELVET 4H level price has already broken above the Bollinger upper band, 1H level RSI is 76.59, buying pressure remains but momentum is converging. Market depth shows thick orders below 0.0909, with clear capital support intentions.

🎯Direction: Long

⚡Entry/Order: Within the 0.07475 - 0.09065 range, current price near 0.09111 can directly try a light long position, or wait for a pullback to around 0.088 to place an order.

🛑Stop loss: 0.07035

🚀Target 1: 0.09130

🚀Target 2: 0.09166

🛡️Trade management:
- Execution strategy: Halve the position after the price reaches 0.09130, and move the remaining stop loss up to the entry price. If the price cannot stay above 0.090 and falls back, consider exiting early.

1H MACD histogram begins to shrink, but 4H MACD is still expanding strongly. Position volume is stable, funding rate is 0.069%—positive but not extreme, short squeeze risk is controllable. The current risk-reward ratio isn't optimal, but there is dense support below, and the price is holding firm, making a direct break below support less likely under this structure.

View real-time market 👇 $VELVET
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨