$VELODROME is currently trading at $0.2487, with its next critical support at $0.2396. If this level is breached, we could see further downside momentum, potentially targeting lower levels around $0.2200.

However, holding above $0.2396 might lead to consolidation or a recovery bounce toward resistance levels near $0.2600. Monitor the $0.2396 zone closely as it could dictate the next directional move.

Manage risk carefully in this high-volatility range.