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$VELVET Signal】Long! 1H strong breakout, main funds support the market, short squeeze trend begins
$VELVET The 1H level just experienced a volume breakout above the previous high, forming a strong bullish engulfing pattern with momentum. The 4H level has already stabilized above the EMA20, and the current price has broken the previous 4H candle high, indicating a short-term bullish trend. Funding rates are positive but not high, open interest is stable, showing mild long accumulation with potential for a short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0818 - 0.0820 (Reason: Current p