$VELODROME (Velodrome Finance) is currently trading at $0.1932, down by 12.82%. The price has seen significant downside pressure, and the key support level is around $0.18. If the price fails to hold this support, a further decline toward $0.15 could be possible.

On the upside, resistance is seen at $0.21. If the price can break above this resistance level, it could indicate a potential reversal or a short-term recovery toward $0.24.

Market sentiment and volume patterns will play a crucial role in determining $VELO's next move. Keep an eye on the overall market conditions, especially Bitcoin's performance, to gauge $VELO's potential.