đ¨ $VELODROME ALERT: ANOTHER TRAP FOR NEW LISTINGđđłđłđ¨
After surging to a high of $0.3880 following its Binance listing, $VELODROME has sharply corrected, now trading at $0.2420. The hype-driven spike has fizzled, and volatility remains high.
đĄ Key Levels to Watch:
⢠Resistance: $0.2754 â A breakout here could push the price toward $0.3121.
⢠Support: $0.2313 â If this level breaks, expect a dip toward $0.1484.
â ď¸ Whatâs Next?
⢠Upside Potential: A reclaim above $0.2754 could attract new buyers, triggering a recovery toward higher targets.
⢠Downside Risk: Failure to hold $0.2313 may intensify selling pressure, testing lower support levels.
Trade Cautiously: Set tight stop-losses and monitor for sustained moves before.
#RLUSDApprovalBoostXRP #Write2Earn! #ETHETFsApproved #megadrop #BinanceSquareFamily