๐ Short Signal Alert: $VELODROME โ๐
๐ก Current Price: $0.2156 (+8.69%)
$VELODROME is showing signs of weakening after reaching a high of $0.2394. A descending trend is emerging, indicating the potential for a bearish continuation. Traders, take note of this setup! ๐
๐ Key Levels to Watch:
๐น Resistance: $0.2150 (Immediate), $0.2394 (24H High)
๐น Support: $0.2050 (Key Zone), $0.1911 (24H Low)
๐ป Short Signal Setup:
Entry: $0.2100-$0.2150
Target 1: $0.2050
Target 2: $0.1950
Stop Loss: $0.2200
โ ๏ธ Risk Management Tips:
๐ Use tight stop-loss orders to manage risk.
๐ Take partial profits at the first target and let the rest ride if momentum continues.
๐ Watch volume closelyโlower volume might indicate a weaker move.
๐ฌ Thoughts? Will VELODROME retrace further or rebound? Share your thoughts!
#CryptoSignals #VelodromeUSDT #BinanceTrading #CryptoAlert #Write2Earn!