$VELODROME /USDT Trading Signal - Consolidating After a Sharp Drop!
Current Price: $0.1556 (-12.58%)
Entry Range: $0.1550 - $0.1570
Target 1: $0.1600
Target 2: $0.1650
Target 3: $0.1700
Stop Loss: $0.1500
Observation:
$VELODROME is showing signs of stabilization after hitting a 24-hour low of $0.1506. The current consolidation phase could present an opportunity for a rebound if buying pressure increases. Short-term resistance at $0.1600 is critical for further upward momentum. Use caution and strict stop-loss management due to recent high volatility.