$VELODROME /USDT Technical Analysis

Current Price: $0.1859 (+1.92%)

24H High: $0.1927

24H Low: $0.1810

24H Volume: 78.11M VELODROME

Trend Analysis:

The price is rebounding from the 99 EMA ($0.1790) and climbing above the 7 EMA ($0.1842), suggesting short-term bullish momentum.

The 25 EMA ($0.1859) is acting as immediate resistance.

Key Levels to Watch:

Resistance: $0.1927 (24H High) and $0.1937.

Support: $0.1810 and $0.1790 (99 EMA).

Market Insight:

Sustained movement above $0.1867 could indicate a continuation of bullish momentum toward $0.1927.

If the price fails to hold above $0.1842, it may retest support at $0.1810.

Actionable Strategy:

Consider entries near $0.1850 with targets at $0.1927 and $0.1937.

Use a stop-loss below $0.1810 to limit downside risk.

Hashtags: #VELODROME #CryptoSignals #Defi #CryptoReboundStrategy #BinanceAlphaAlert