$VELODROME /USDT Trading Signal
Short Signal
Entry Zone: $0.1380 - $0.1395
Take Profit (TP): $0.1350
Stop Loss (SL): $0.1415
Market Observation:
$VELODROME is trending below the 99-period moving average ($0.1436), which indicates strong bearish momentum. The rejection from the 25-period moving average ($0.1394) suggests a continuation of the downtrend toward the support level at $0.1350.
Risk Management:
Maintain a disciplined approach with the suggested stop loss to minimize risk.