🚀 $VELODROME

/USDT Technical Analysis 🎯

VELODROME is showing strong momentum today, trading at $0.2203 (+4.90%). With impressive volume and a bullish DeFi trend, here are the next potential targets:

🎯 Target 1: $0.2400

This is the 24h high and a critical resistance level. A breakout above this could signal further bullish movement, attracting more buyers.

🎯 Target 2: $0.2600

If $0.2400 is broken, $0.2600 becomes the next major target, supported by rising trading volume and overall market sentiment.

🎯 Target 3: $0.3000

This is a psychological barrier and a significant profit-taking zone for traders. Reaching this level would indicate a strong upward trend fueled by DeFi market strength.

Key Levels to Watch:

Support: $0.2000 (protects against downside risk)

Resistance: $0.2400

Stay updated, and manage your risk effectively as VELODROME takes the spotlight!