$VELODROME /USDT Trade Setup - Long & Short Opportunities with Key Levels

Current Price: $0.2476

24h High: $0.2596 | 24h Low: $0.2360

🚀 Long Trade Setup

Entry Zone: $0.2450 - $0.2500

Targets: $0.2615 / $0.2750 / $0.2900

Stop Loss: Below $0.2380

Analysis: $VELODROME /USDT is showing signs of consolidation after bouncing from the $0.2313 support zone. A breakout above $0.2596 (24h high) could trigger upward momentum, targeting resistance levels.

🔻 Short Trade Setup

Entry Zone: $0.2500 - $0.2590

Targets: $0.2410 / $0.2350 / $0.2310

Stop Loss: Above $0.2620

Analysis: If $VELODROME /USDT fails to hold above the $0.2596 resistance, a rejection could lead to a retest of support near $0.2313. Watch for bearish signals around resistance zones for confirmation.

📊 Key Observations

Strong support near $0.2310, indicating potential bounce zones for longs.

Resistance at $0.2596 - $0.2750 remains critical for further upside moves.

Volume remains elevated, signaling active market interest.

⚠️ Risk Management: Use tight stop-loss levels and avoid overleveraging, as market volatility may increase near breakout levels.

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