🚴♂️$VELODROME VELODROME/USDT Market Update 🚴♂️
📉 Price: $0.1810 (-10.00%)
📈 24H High: $0.2066
📉 24H Low: $0.1768
💰 24H Volume: 133.02M VELODROME
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Market Overview
VELODROME is witnessing a sharp 10% pullback, trading near critical support levels around $0.1768. The price action suggests a consolidation phase after hitting the recent high of $0.2109.
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Key Levels to Watch
🔵 Support Zone: $0.1760 – Buyers may step in to defend this level.
🔴 Resistance Zone: $0.1960 – A breakout above this could restore bullish momentum.
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What’s Next for VELODROME?
While the current trend is bearish, the overall trading volume suggests that market participants are actively monitoring this pair. If support holds, a short-term rally back to $0.1960 is possible. However, if it breaks below $0.1760, further downside may follow.
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💡 Trading Strategy:
Short-term Traders: Look for a bounce near $0.1760 before entering long positions.
Long-term Holders: Accumulate cautiously while monitoring the broader DeFi market sentiment.
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📣 Are you holding or waiting for a clearer signal? Share your strategy!
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