【$VELVET Signal】Short | 4H RSI Overbought + 1H Volume Contraction

$VELVET 4H RSI 75.09, Bollinger Band upper band 0.113 was broken through, buying pressure continues to weaken. 1H MACD histogram shifts from positive to negative, bullish momentum clearly slows down. Selling pressure depth -8.81%, selling pressure at high levels begins to accumulate.

🎯Direction: Short

⚡Entry/Order: 0.11315

🛑Stop Loss: 0.09691

🚀Target 1: 0.10497

🚀Target 2: 0.10766

🛡️Trade Management: - Execute strategy: reduce position by 50% after reaching Target 1, and move stop loss down to entry price. If the price rebounds and breaks through the stop loss, exit immediately.

Depth logic: OI remains stable, funding rate at 0.0376% is not extreme, but the willingness to chase the rally at high levels is decreasing, and a bearish divergence structure is forming on the 4H chart. The current risk-reward ratio is about 1:2.5, worth a light position attempt.

View real-time market 👇 $VELVET
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