💥💥🔥🔥🚀 $VELODROME /USDT Technical Analysis 🎯

Current Price: $0.1949 (+6.68%)

Category: DeFi

VELODROME is showing bullish momentum, with consistent upward movement in the past 24 hours. Here's a breakdown of potential targets based on technical analysis:

Targets 🎯

1️⃣ $0.2050 (Immediate Resistance)

A short-term target supported by recent buying pressure. Breaking this level could attract more volume.

2️⃣ $0.2200 (Key Level)

Strong resistance zone from the previous high. If the momentum continues, this level may act as a magnet for bulls.

3️⃣ $0.2500 (Potential Breakout Zone)

A psychological and technical barrier. Achieving this level could confirm a long-term trend reversal.

Support Levels

$0.1850: A critical level to watch for potential pullbacks.

Trading Strategy

Bullish Case: If VELODROME breaks $0.2050, we might see a surge toward $0.2200.

Bearish Case: A rejection at $0.2050 could push the price back to $0.1850, presenting a buying opportunity.

#MarketRebound #BinanceLaunchpoolBIO #MicroStrategyInNasdaq100 #BinanceAlphaAlert