【$VELVET Signal】Long | Healthy Consolidation After Breakout with Volume
$VELVET After volume breakout above the previous high on the 4H timeframe, it enters a narrow consolidation phase. This is a typical healthy cooldown after a breakout, not a top.
🎯 Direction: Long
🎯 Entry: 0.1120 - 0.1140
🛑 Stop Loss: 0.1060 ( Rigid stop loss, below the low of the breakout candle)
🚀 Target 1: 0.1250
🚀 Target 2: 0.1350
Hardcore logic: Price completes a volume breakout above the key resistance zone (0.1075), with trading volume surging (24M) confirming buying strength. Subsequently, the 4H candle consolidates narrowly above the breakout level, with buy/sell ratio rebounding to 0.5 balance, indicating effective absorption of selling pressure. Open interest remains stable, not a short squeeze, but a natural cooldown after main force-driven movement. Funding rate is positive but not overheated, leaving room for further upward movement. The current consolidation range (0.1117-0.1167) serves as a new support level; as long as it holds, upward momentum will continue.
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【$VELVET Signal】Long | Healthy Consolidation After Breakout with Volume
$VELVET After volume breakout above the previous high on the 4H timeframe, it enters a narrow consolidation phase. This is a typical healthy cooldown after a breakout, not a top.
🎯 Direction: Long
🎯 Entry: 0.1120 - 0.1140
🛑 Stop Loss: 0.1060 ( Rigid stop loss, below the low of the breakout candle)
🚀 Target 1: 0.1250
🚀 Target 2: 0.1350
Hardcore logic: Price completes a volume breakout above the key resistance zone (0.1075), with trading volume surging (24M) confirming buying strength. Subsequently, the 4H candle consolidates narrowly above the breakout level, with buy/sell ratio rebounding to 0.5 balance, indicating effective absorption of selling pressure. Open interest remains stable, not a short squeeze, but a natural cooldown after main force-driven movement. Funding rate is positive but not overheated, leaving room for further upward movement. The current consolidation range (0.1117-0.1167) serves as a new support level; as long as it holds, upward momentum will continue.
Trade here 👇 $VELVET
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