$VELODROME /USDT: Strategic Trade Signal

1. Entry Point: $0.2010 (confirmation above minor resistance).

2. Take Profit Targets:

TP1: $0.2075

TP2: $0.2130

TP3: $0.2200

3. Stop Loss: $0.1940

4. Trend Analysis: $VELODROME /USDT is showing bullish momentum, supported by consistent higher lows on the 30-minute chart.

5. Volume Profile: Increased trading volume near $0.2000 indicates potential for a breakout.

6. Risk-Reward Ratio: Optimized setup offering a 1:3 risk-reward for solid trade management.

7. Price Action Insight: Key support at $0.1940 ensures a safe stop-loss level to minimize risk.

8. Market Sentiment: Positive sentiment across DeFi assets adds to VELODROME’s growth potential.

9. Trailing Stop Strategy: Shift SL to $0.2010 after TP1 for risk-free trade continuation.

10. Time Horizon: Ideal for intraday and short-term swing traders targeting rapid gains.

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