šØ $VELODROME /USDT BREAKS OUT WITH 7% GAINS ā CAN IT SUSTAIN? šØ
$VELODROME is trading at $0.1957, up 7.00% in the last 24 hours. Momentum is picking up as VELODROME eyes critical levels for a potential breakout continuation.
Key Levels to Watch:
Resistance Levels:
1ļøā£ $0.2011 ā A breakout above this could confirm bullish momentum.
2ļøā£ $0.2153 ā The next target if the rally holds strong.
3ļøā£ $0.2394 ā A major upside target in case of extended gains.
Support Levels:
Immediate support lies at $0.1775, critical to sustain the current bullish trend.
Trade Setup:
Entry Point: Around $0.1957 to ride the ongoing momentum.
Targets: $0.2011, $0.2153, and $0.2394.
Stop-Loss: Below $0.1775 to minimize risks.
š Market Insight: Rising trading volume indicates growing interest in VELODROME. A breakout above $0.2011 could lead to further gains, but traders should remain cautious near resistance levels.
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