$VELODROME Dips by 6.31% – Testing Support Levels

$VELO is currently trading at $0.1827, showing a 6.31% decline in the last 24 hours. The token’s 24H high stands at $0.1973, while the 24H low is $0.1778, with trading volume reaching 64.16M.

Market Observations:

Immediate Support: $0.1778 (Key level to watch for a bounce)

Resistance Zone: $0.1973 (Needs to reclaim for bullish momentum)

Keep an eye on the price action around these critical levels. A breakdown below support could signal further downside, while holding the current range might attract new buyers.

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