$VELODROME /USDT Alert: Key Levels to Watch for a Breakout
$VELODROME is currently trading at $0.1394, showing a period of consolidation near its recent high of $0.1438. With increased market activity, the price is approaching a decision point that could trigger a significant move.
Trade Setup
Entry Point: $0.1394
Targets to Watch
1. First Target: $0.1450
2. Second Target: $0.1500
3. Third Target: $0.1550
Support Levels
Key support at $0.1360. A drop below this could signal a retest of $0.1315.
Analysis
The price is testing resistance at $0.1400. A breakout above this level could attract bullish momentum. However, failure to sustain above $0.1360 may trigger a bearish pullback.
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