🚀 $VELODROME /USDT Consolidates Gains – Next Move Key 🚀
VELODROME is currently trading at $0.2053, with a solid 12.62% gain over the last 24 hours. The 5-minute chart reflects a cooling-off phase after reaching resistance at $0.2161, indicating potential for a breakout or retracement.
Key Levels to Watch:
Immediate resistance: $0.2100 – A break above could trigger further upside.
Target 1: $0.2150
Target 2: $0.2200
Support: $0.2000 – A key level to hold to sustain the bullish trend.
Stop-loss: $0.1980 – To manage potential risk.
Trading Strategy:
Look for entries around $0.2053 if bullish momentum resumes. Watch for confirmation of a breakout above $0.2100 to target higher levels. If prices dip toward $0.2000, observe support for signs of recovery.
VELODROME could make a decisive move soon—stay vigilant and align your strategy for maximum gains!