【$VELVET Signal】Funding rate 0.094%, buy-side gap, clear high-level distribution features

$VELVET RSI 4H skyrocketed to 76, but MACD histogram is narrowing on the 1H timeframe, and volume is also lagging.
Order book stacking around 0.108, bulls can't push further.
🎯Direction: Short
⚡Entry: Current price 0.10753, go short directly
🛑Stop loss: 0.08229
🚀Target 1: 0.10476
🚀Target 2: 0.11226
🛡️Trade management: After reaching Target 1, reduce position by 50%, and move stop loss to breakeven.
If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: The 4H Bollinger upper band at 0.1082 is resistance, 1H MACD bullish momentum is shrinking, this position has a decent risk-reward ratio, but if it breaks through 0.1082, you need to exit, don’t hold the position.
Check real-time market 👇 $VELVET
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