$VELODROME /USDT Holds Strong – Eyes on a Potential Bounce!


$VELODROME /USDT is trading at $0.1995, showing a retracement after touching a high of $0.2161. The immediate support level stands at $0.1950, while resistance is positioned at $0.2050. Traders can consider entering near the current price, targeting $0.2020 (TP1), $0.2050 (TP2), and $0.2080 (TP3). To minimize risk, set a stop-loss at $0.1920.

The RSI around 40 signals oversold conditions, indicating the potential for a bounce. Volume trends reveal strong buying interest on previous peaks, suggesting a renewed upward push is possible. Traders are advised to monitor the $0.2050 resistance closely for confirmation of bullish continuation. Manage your risk and adjust your stop-loss as targets are hit.

#VelodromeTrade #MarketRebound