$VELODROME ⚡️VELO Watchlist: 1-Day Chart Analysis⚡️
Is it time to ride the VELO wave? 🌊
The Velodrome (VELO) 1-day chart is showing some interesting signals:
* Support & Resistance:
* 💪 Strong support around $0.1660.
* 📈 Resistance at $0.1940.
* Dip Buy Opportunity? 👀
* If VELO dips below $0.1660 but holds above $0.1484, consider a buy! 💰
* Target entry: ~$0.1600
* Short-Term Outlook: 🔮
* Bullish: 🐂 Above $0.1940? 🚀 Targets $0.2243.
* Bearish: 🐻 Below $0.1484? 📉 Targets $0.1364.
*RSI & STOCHRSI: 👇 Both suggest VELO might be oversold, hinting at a potential rebound.
Disclaimer: ⚠️ This is NOT financial advice. DYOR and consult with a financial advisor before investing.