$VELODROME /USDT: Building Momentum with +3.88% Gains!
Price Action Overview: $VELODROME /USDT is trading at $0.2117 (+3.88%), reaching a 24-hour high of $0.2121 after bouncing from the low of $0.1925. This surge indicates renewed bullish activity, signaling potential for further upside.
Next Targets:
1. $0.2200 – Immediate resistance for short-term profit-taking.
2. $0.2300 – Mid-term breakout level with strong buyer interest.
3. $0.2500 – Long-term target if upward momentum sustains.
Trade Strategy:
Lock in partial profits near $0.2200.
Place a stop-loss at $0.2050 to protect against pullbacks.
Watch for re-entry near $0.2100 if consolidation occurs.
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