๐ $VELODROME /USDT: BREAKOUT LOOMING? โกBULLISH MOVE INCOMING!๐ฏ๐ ENTER NOW!๐ฏ
The $VELODROME /USDT pair is trading at 0.1898, consolidating within a tight range. Traders should be alert for a potential breakout or pullback as the price approaches critical levels.
๐ Trade Scenarios:
Entry Point: 0.1898
Take Profit (TP) 1: 0.1950
Take Profit (TP 2): 0.2050
Take Profit (TP 3): 0.2150
Stop Loss (SL): 0.1800
The price is finding support near 0.1800, with resistance at 0.1950. A breakout above 0.1950 could signal bullish momentum, while a drop below 0.1800 may indicate further bearish pressure.
๐ Market Outlook:
The market is consolidating, indicating that the next move could be significant. A push above 0.1950 could open the door for further upside, while a loss of 0.1800 might trigger downside movement. Volume and momentum will provide confirmation of the trend.
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