🚀🔥 $VELODROME /USDT SHOWS INCREASE - BULLISH MOMENTUM! 🔥🚀
The $VELODROME /USDT pair is currently trading at $0.1798, reflecting a 2.80% increase. The 24-hour high is $0.1834, while the low is $0.1731. With a trading volume of 58.19M for VELODROME and 10.37M for USDT, the market shows strong buying interest, pushing the price higher.
Trade Scenarios:
- **Bullish Scenario:** If the price breaks above the recent high of $0.1834, it could target the next resistance level at $0.1850.
- **Take Profit (TP):** $0.1850
- **Stop Loss (SL):** $0.1750
- **Bearish Scenario:** If the price fails to sustain above $0.1780 and drops below this level, it could test the support level at $0.1750.
- **Take Profit (TP):** $0.1750
- **Stop Loss (SL):** $0.1800
**Market Outlook:**
The current market sentiment for VELODROME/USDT remains bullish, with potential for further gains if the upward momentum continues. Traders should monitor key support and resistance levels to make informed decisions.
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