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$VELODROME Action Alert! 🚨🔥
A short liquidation of $5,155.5 just happened at $0.21072, showing bears are being squeezed! This could be the start of a bullish breakout, with price potentially moving higher as sellers are forced out. Get ready for the next big move! 📈

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What’s Happening?

Short liquidations indicate that sellers are exiting their positions, which can lead to price rallies.

This is a bullish signal, but watch for confirmation before jumping in.

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Plan for Entry (Buy Zone):

Buy Zone: $0.2050–$0.2100
Look for price consolidation and bullish signs before entering this range.

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Targets:

Target 1: $0.2200

Target 2: $0.2300

Target 3: $0.2400 (if the bullish trend strengthens).

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Stop-Loss:

Set Stop-Loss: $0.2000
Protect your position in case the market reverses.

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Key Indicators to Watch:

1. Volume Surge: A volume increase above $0.21072 will confirm the bullish move.

2. Resistance Levels: Watch for potential resistance near $0.2200; breaking through could trigger a bigger rally.

3. Support Levels: $0.2050 is a key level to watch for support. If it holds, we could see further upside.

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Next Steps:

If $VELODROME breaks above $0.2200 with strong volume, expect further upside.

Stay cautious if price drops below $0.2000, as it could signal a potential reversal.

Trade wisely, stay focused, and catch the wave! 🚀

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