š $VELODROME/USDT: WHATāS NEXT FOR THIS PAIR? š
The $VELODROME/USDT pair is currently trading at $0.1748, reflecting a minor 0.98% gain in the last 24 hours. This price movement indicates some bullish activity with potential for more growth.
The overall market sentiment is cautiously optimistic, supported by the significant trading volume of 64.59 million VELODROME and 11.28 million USDT exchanged in the last 24 hours. The price has remained stable above crucial support levels, hinting at a continued upward trend.
High Probability Trade Scenarios:
Bullish Scenario: If the price moves above $0.1750, it could target the next resistance at $0.1785.
Take Profit (TP): $0.1785, Stop Loss (SL): $0.1720.
Bearish Scenario: If the price dips below $0.1730, it may retest the $0.1700 support.
Take Profit (TP): $0.1700, Stop Loss (SL): $0.1750.
With the current trading volume and minor price increase, the slightly bullish trend is expected to continue. Keep an eye on key price levels and technical indicators to make well-informed trading decisions.
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