$VELODROME
/USDT Slight Bearish Pressure Ready for Next Move Alert 💯 💥 📈
Current Price: 0.1932 (-0.67%)
Timeframe: 30-minute chart
24h High: 0.2161
24h Low: 0.1804
24h Volume:
VELODROME: 200.63M
USDT: 39.91M
Technical Analysis and Trade Signal
Momentum: Mild Bullish 📈
Price is recovering from the 24h low, with minor resistance near 0.2000 and a stronger barrier at 0.2200.
Entry Zone:
Aggressive Buy: 0.1900–0.1930
Conservative Buy: Near 0.1850 (closer to support).
Stop Loss: 0.1790 (below recent low).
🎯 Targets:
1. T1: 0.2000 (+3.5%)
2. T2: 0.2100 (+8.7%)
3. T3: 0.2200 (+13.9%)
Trade Notes:
Watch for volume surges near resistance to confirm strength.
Use DeFi narrative to gauge community sentiment and market trends.
Adjust targets dynamically if breakout above 0.2200 occurs.
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