$VELODROME
Trading Signal
Entry Zone: $0.24 - $0.25
Targets: $0.26 / $0.28 / $0.31
Stop Loss: Below $0.23
Analysis:
VELODROME/USDT is consolidating near EMA(7) at $0.2471, showing a narrowing price range. A breakout above $0.25 can initiate upward momentum toward key resistance levels. Volume confirmation is crucial to validate the move.
Risk Management:
Keep a tight stop loss below $0.23 to limit downside risk. Monitor price action around $0.25 for breakout confirmation.
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