$VELODROME Analysis:
$VELODROME is currently trading at 0.1887, sitting near a key support level at 0.1850. If this support breaks, the price is likely to continue its downward momentum, targeting 0.1810 as the next critical level. A failure to sustain above 0.1850 could signal further bearish pressure.
However, if the price holds and rebounds, an upward move toward 0.1927 and 0.1958 may occur. Despite this possibility, the prevailing trend remains bearish, and stay cautious as selling pressure dominates the current structure.