$VELVET LONG
➡️ Entry point: 0.1936$
✅ Take 1: 0.1966976$
✅ Take 2: 0.2028928$
✅ Take 3: 0.209088$
✅ Take 4: 0.220704$
✅ Take 5: 0.27104$
⛔️ Stop: 0.1850816$
📈 RSI14: m1 76.0 • m5 47.5 • m15 32.7 • m30 25.9
📊 VOL: m1 $359K • m5 $359K • m15 $359K • m30 $3.1M
🧲 OI: now $7.4M • 5m +1.1% • 15m +2.9% • 30m +4.5%
Open interest dynamics are steadily growing over the 5 to 30 minute intervals, gaining up to 4.5%, while volumes reach $3.1M on the higher timeframe. At the same time, RSI on the 1-minute timeframes is approaching 76, whereas on the 30-minute chart it has already dropped to 25.9, indicating a strong momentum divergence. Buyers still have a chance to drive an upward move, but local overheating on the lower timeframes creates a risk of a sudden counter-volatility.
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#VELVET #MarketAnalysis #CryptoCommunity 📈
$VELVET
➡️ Entry point: 0.1936$
✅ Take 1: 0.1966976$
✅ Take 2: 0.2028928$
✅ Take 3: 0.209088$
✅ Take 4: 0.220704$
✅ Take 5: 0.27104$
⛔️ Stop: 0.1850816$
📈 RSI14: m1 76.0 • m5 47.5 • m15 32.7 • m30 25.9
📊 VOL: m1 $359K • m5 $359K • m15 $359K • m30 $3.1M
🧲 OI: now $7.4M • 5m +1.1% • 15m +2.9% • 30m +4.5%
Open interest dynamics are steadily growing over the 5 to 30 minute intervals, gaining up to 4.5%, while volumes reach $3.1M on the higher timeframe. At the same time, RSI on the 1-minute timeframes is approaching 76, whereas on the 30-minute chart it has already dropped to 25.9, indicating a strong momentum divergence. Buyers still have a chance to drive an upward move, but local overheating on the lower timeframes creates a risk of a sudden counter-volatility.
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#VELVET #MarketAnalysis #CryptoCommunity 📈
$VELVET
