$VELODROME

/USDT: Bullish Breakout Potential with Key Targets 🎯

Current Price: $0.2080 (Up +6.56% in 24h)

Market Pulse:

Trend: Strong bullish momentum with a +6.56% increase in 24h and +2.61% in the last 15 minutes.

Indicators: The price is showing strong upward movement, with substantial volume (169.44M VELODROME and 32.51M USDT), signaling continued buying interest. RSI might be approaching overbought, so a pullback could be expected soon.

Key Levels:

Support: $0.1815 (24h low)

Resistance: $0.2099 (24h high)

Creative Trade Strategy 🎯:

1. Go Long (Buy)

Entry: $0.2080–$0.2090 (current price range)

Stop Loss: $0.1810 (just below 24h low)

Targets:

🎯 Target 1: $0.2150 (resistance breakout and initial gain)

🎯 Target 2: $0.2200 (next resistance zone)

🎯 Target 3: $0.2300 (strong upside potential if bullish trend holds)

2. Go Short (Sell) (if reversal signals emerge)

Entry: Wait for RSI above 70 or price hitting resistance near $0.2100–$0.2150.

Stop Loss: $0.2200 (for breakout above resistance)

Targets:

🎯 Target 1: $0.2000 (pullback towards support)

🎯 Target 2: $0.1900 (mid-range correction)

🎯 Target 3: $0.1815 (test of 24h low)

Riding the trend is key! Buy on strength, and watch closely for pullbacks to capitalize on corrections. Keep your targets set for maximum reward!

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