$VELODROME /USD is currently trading at $0.2106, testing a key support zone that has demonstrated stability in recent sessions, indicating buyer interest around the $0.21 level. If this support holds, VELO could experience an upward move toward the next resistance at $0.22 or higher, suggesting a potential continuation of its bullish trend. For traders, $0.2106 provides a solid entry point, with a stop-loss just below the $0.21 level to manage risk. A breakout above $0.22 would signal a more aggressive entry, targeting $0.25 or beyond. With the growing interest in decentralized finance (DeFi) and VELO’s significant role in the ecosystem, the token shows strong potential for further upside in the near term. As always, traders should conduct thorough research and stay updated with market trends before making investment decisions.
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