$VELODROME

šŸš€ VELO/USDT Technical Analysis ā€“ Key Levels to Watch! šŸš€

At 0.2045 USDT, Velodrome (VELO) is testing important support and resistance levels, making it an exciting asset for traders. Support is at 0.20ā€“0.2020 USDT, where buying interest could emerge, creating a potential entry for long positions if the price holds firm.

šŸ”„ Resistance sits at 0.2100ā€“0.2150 USDT, and a breakout above this zone could trigger a bullish move towards 0.22ā€“0.23 USDT, opening the door for higher targets.

šŸ’” Entry Strategy: Look for a breakout above 0.2150 USDT for a move towards 0.23 USDT, or consider entering near 0.2020 USDT if support holds, with a tight stop-loss strategy.

šŸ”‘ With key levels in play, VELO could see significant price action. Stay sharp and trade strategically!

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