$VELODROME /USDT Technical Analysis

🚀 Current Price: $0.188 (+3.41%)

📊 24h Range: $0.1800 - $0.2109

📈 24h Volume: 214.73M VELODROME

VELODROME has shown strong bullish momentum recently, with significant buying volume. Let’s dive into the targets for the coming sessions:

🎯 Target 1: $0.2000

The immediate resistance lies at $0.2000. A breakout above this level could attract more buyers and push the price higher.

🎯 Target 2: $0.2150

If VELODROME maintains upward momentum, the next target is $0.2150, aligning with the 24h high and a key Fibonacci level.

🎯 Target 3: $0.2400

On sustained bullish sentiment, $0.2400 could act as a medium-term target, marking a 20%+ gain from the current price.

🔄 Support Levels:

$0.1800: Strong support from recent lows.

$0.1700: Critical level for avoiding a bearish reversal.

💡 Trading Insights:

VELODROME is gaining attention in the DeFi space with increasing volumes. Keep an eye on market depth and RSI levels for potential entry and exit points.

Disclaimer: This is not financial advice. Always do your own research before investing.

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