$VELODROME /USDT Trading Signal š„
Entry Zone: $0.2500 - $0.2525
Targets:
1. $0.2580
2. $0.2650
3. $0.2700
Stop Loss: Below $0.2470
The price is currently moving within a rising channel, characterized by consistent higher highs and higher lows, signaling strong bullish momentum. A potential rebound near the support zone of $0.2500 could trigger further upside.
A breakout above the immediate resistance at $0.2550 may intensify buying pressure, paving the way for a move toward the upper boundary of the channel near $0.2700. Watch for increased volume as confirmation to sustain the breakout.
Current Price: $0.2469 (+1.89%)
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