【$VELVET Signal】Pullback Entry - 1H Death Cross + 4H Slightly Bullish Support Level Sniping

RSI 61.31, Funding Rate 0.043% Slightly High. 4H MACD Bullish Histogram shrinking in volume, 1H MACD Death Cross has not yet crossed below the zero line. Bollinger Bands 1H middle band 0.1169 broken, price slid to 0.114. Buy depth ratio 1.86, with dense resting buy orders below. After spiking to 0.137, price pulled back, and volume contracted to 27.4 million.
🎯Direction: Long (Pullback Orders)
⚡Entry/Order: 0.10691 - 0.11746
🛑Stop Loss: 0.09731
🚀Target 1: 0.12612
🚀Target 2: 0.13572
🛡️Trade Management: Reduce 50% at Target 1, and move the stop loss up to the entry level. If price breaks below the 0.10691 lower bound, abandon the order.
Depth Logic: The 4H support zone 0.1035 (Bollinger middle band) has not been tested. The 1H decline is accompanied by stable Open Interest, and selling pressure has not expanded. Around 0.1069 is a prior dense traded zone, with an acceptable risk-reward ratio. When the funding rate is on the high side, be cautious about chasing longs, but depth is tilted toward buyers, indicating short-term funds are still willing to pick up at low levels. If price breaks below 0.0973, the structure turns bearish, and you must exit.
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