$VELODROME

/USDT: Riding the Waves of Volatility – A Strategic Guide🔥💯📈

For VELODROME/USDT, here’s a quick trade strategy based on the current data:

Current Data:

Price: $0.1878

24h High: $0.2289

24h Low: $0.1632

24h Volume (VELODROME): 389.83M

24h Volume (USDT): 76.20M

Trade Strategy:

1. Bullish Reversal 🎯

Entry: If the price breaks above $0.1950 (sign of recovery).

Stop-Loss: $0.1630.

Target 1: $0.2100 (Resistance zone).

Target 2: $0.2200 (Potential breakout level).

Target 3: $0.2300 (Next major resistance).

2. Bearish Continuation 🎯

Entry: If the price falls below $0.1700 (confirmation of downtrend).

Stop-Loss: $0.2289.

Target 1: $0.1600.

Target 2: $0.1500.

Target 3: $0.1400 (Extended downside).

3. Range Trading 🎯

Buy: Near $0.1650 (support).

Sell: Near $0.2100 (resistance).

Stop-Loss: Below $0.1600 (Buy), Above $0.2200 (Sell).

Target 1: $0.2100 (Range top).

Target 2: $0.2200 (Range breakout).

Risk Management:

Position Size: 1-2% of portfolio per trade.

Trailing Stop: Adjust as price moves in your favor.

Stay nimble with VELODROME, especially with DeFi projects that can show volatile moves!

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