$VELODROME USDT Short Opportunity 🔥💯
Entry: $0.1840 (below current price action)
Take Profit 1 (TP1): $0.1800
Take Profit 2 (TP2): $0.1760
Stop Loss (SL): $0.1880
Analysis:
• Price is trending within a descending channel on the 30-min chart.
• Bearish momentum intensifies as price tests lower support levels.
• A breakdown below $0.1840 could trigger significant downside movement.
Action Plan:
• Enter short if price closes below $0.1840.
• Secure partial profits at TP1 and trail SL for additional downside potential.
• Maintain discipline by adhering to stop loss to minimize risk.
Trade wisely and manage your risks!