$VELODROME VELODROME/USDT: DeFi's New Star on the Rise 🚴♂️
💹 Current Price: $0.1774 (+6.29%)
📈 24h High: $0.1785
📉 24h Low: $0.1656
📊 24h Volume: 64.50M VELODROME | 11.13M USDT
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Why Velodrome is Gaining Traction?
Velodrome is the latest addition to the DeFi ecosystem, and it’s already catching eyes with its steady upward trend. The platform's unique utility and rising adoption make it a token to watch closely in the market.
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Technical Levels to Watch:
Support Level: $0.1700 – Critical area to maintain bullish momentum.
Resistance Level: $0.1800 – A breakout here signals a stronger rally ahead.
Indicators: MACD shows bullish continuation, while RSI remains below overbought territory.
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Trading Plan:
Entry Zone: $0.1750–$0.1770 during pullbacks.
Targets:
Short-Term: $0.1850
Mid-Term: $0.2000
Stop Loss: $0.1680 to manage risk.
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What’s Next?
Velodrome is carving its place in the DeFi sector with growing community engagement and innovative solutions. Keep a close watch as its trading volume surges, hinting at increasing interest from both retail and institutional players.