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Alert for Good chance ..
đ Technical Analysis: $VELODROME
/USDT đ
The $VELODROME /USDT pair has shown impressive momentum recently, currently trading at $0.2297, reflecting a +21.99% rise in the last 24 hours. Let's dive into the key levels to watch for potential price movements:
Current Price: $0.2297
24h High: $0.2344 | 24h Low: $0.1851
24h Volume (USDT): 95.74M
đ Key Targets to Watch:
1ïžâŁ Target 1: $0.2400
A breakout above the $0.2344 high could push VELODROME towards the $0.2400 level, supported by strong bullish momentum. This level will be a key resistance to monitor for further upward movement.
2ïžâŁ Target 2: $0.2500
If the momentum continues, $0.2500 becomes a logical target. With sustained buying pressure, this could act as the next resistance zone, potentially marking the next level of growth.
3ïžâŁ Target 3: $0.2600
In the longer term, if VELODROME continues to hold above $0.2400, $0.2600 could come into play as the ultimate resistance level. This would represent a significant breakout and could trigger further buying interest.
đ Technical Outlook:
The price has been holding well above the $0.2200 support level.
Strong bullish sentiment with continued volume suggests a favorable outlook.
Keep an eye on the 1h and 4h charts for confirmation of the upward trend.
Stay tuned for updates as VELODROME continues to gain momentum in the DeFi space!
Let me know if you'd like to adjust any details or include additional analysis!