【$VELVET Signal】Long position, buy on pullback, 4H bullish trend support

Deep buy orders above 1.30, actively receiving bids below. The 4H Bollinger middle band at 0.1036 and EMA20 at 0.1069 form a support zone. The 1H MACD histogram turns negative, but the 4H MACD remains above zero, indicating the bullish foundation is intact. Current volatility is converging, awaiting confirmation of funds after a deep pullback.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.10711
🛑Stop Loss: 0.09741
🚀Target 1: 0.12652
🚀Target 2: 0.13622
🛡️Trade Management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If price falls back into the entry zone, exit automatically to protect capital.
(Pullbacks within the 4H bullish trend often accompany shakeouts. 0.10711 is close to EMA20 and the Bollinger middle band, with a risk-reward ratio of about 2:1, making it a worthwhile gamble. )
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