🚨 $VELODROME /USDT Nearing Key Levels – Big Move on the Horizon! 🚨
VELODROME ($VELODROME) is trading at $0.1899, showing a stable trend after reaching a 24-hour high of $0.1973 and a low of $0.1869. The price action suggests consolidation, with a potential breakout looming.
Key Levels to Watch:
Support: $0.1860
Resistance: $0.1970
Trade Setup:
Entry Point: Around $0.1890
Targets:
1. $0.1950 (short-term)
2. $0.2020 (mid-term breakout level)
3. $0.2170 (long-term potential)
Risk Management:
Stop-loss: $0.1850 – Protect your position from unexpected downturns.
Market Insight:
A breakout above $0.1970 could propel VELODROME toward $0.2170, supported by increased buying interest. However, failure to hold the $0.1860 support level might signal a deeper pullback, creating new entry opportunities.
Keep VELODROME on your radar – it's gearing up for its next big move!