📉 $VELODROME /USDT – Bearish Momentum Continues 🚨💯

Current Price: $0.1798 (-1.96%)

Market Overview:

$VELODROME is currently under bearish pressure, with a -1.96% drop in the last 24 hours. The price is testing support at $0.1767, and a breakdown below this level could see further downside. The recent 7-day performance shows a slight decline of -1.42%, indicating ongoing weakness in the short term.

Trade Setup:

Short Setup: If the price breaks below $0.1767, consider a short entry with targets at:

Target 1: $0.1700

Target 2: $0.1600

Stop Loss: Above $0.1850 to manage risk.

Key Insights:

A failure to hold support at $0.1767 could confirm further downside momentum.

Watch for a potential bounce if the price manages to reclaim $0.1850.

Tight stop-loss to protect against any sharp price reversals.

Actionable Advice:

Enter short positions below $0.1767 with a stop loss at $0.1850.

Adjust stop-loss as the price moves toward the target, and consider taking partial profits at key support levels.

Follow my predictions — 93% profit guaranteed!

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