$VELODROME /USDT Rallying: Key Levels in Sight
$VELODROME is showing positive momentum, trading at 0.1878 USDT with a daily gain of +4.33%. With an active market, here are the critical price targets to monitor:
Price Targets:
1. Target 1: 0.1920 (Immediate resistance level and 24-hour high)
2. Target 2: 0.1980 (Breakout confirmation level)
3. Target 3: 0.2050 (Strong bullish target)
Trading Insights:
Short-Term Traders: Take profits around 0.1920 while trailing stop losses for risk management.
Swing Traders: A confirmed breakout above 0.1980 could lead to further gains toward 0.2050.
Keep an eye on market volume and overall sentiment to align with the trend. Stay strategic and manage risks effectively!