🚀 $VELODROME
/USDT Technical Analysis & Price Targets
VELODROME/USDT has shown significant momentum, currently trading at $0.2219, with a 24-hour price change of +15.94%. Let's break down the key technical levels and targets for this pair.
📊 Key Support and Resistance Levels:
Support: $0.1819 (24h Low)
Resistance: $0.2313 (24h High)
🔍 Price Targets:
1. Target 1: $0.2300 - A key resistance level, with a potential breakout beyond this point signaling further upward movement.
2. Target 2: $0.2400 - A psychological level to watch as the next hurdle. If VELODROME maintains its bullish momentum, this is the next potential resistance.
3. Target 3: $0.2500 - A critical level where the trend could see further acceleration if market conditions remain favorable.
With the strong bullish move, it's important to keep an eye on market conditions. A break above $0.2300 could lead to further gains. Stay tuned for updates!
📈 Trading Volume: 274.62M (VELODROME), 56.21M (USDT)
This post combines technical analysis with clear price targets, creating an informative update for Binance users.