$VELODROME /USDT Trading Signal - Bearish Trend or Reversal Opportunity?

Entry Range: $0.1830 - $0.1860

Stop Loss: $0.1815

Targets:

🎯 Target 1: $0.1885

🎯 Target 2: $0.1905

🎯 Target 3: $0.1920

Analysis:

The $VELODROME /USDT pair is currently testing its 24-hour low at $0.1831, signaling potential bearish continuation. However, if a reversal occurs near this level, a short-term upward move toward $0.1920 is possible. The MA(7) is below the MA(25), indicating current bearish momentum.

Traders are advised to monitor the $0.1830 support for a possible bounce. Short-term profits can be secured at each target level, and stop-losses should be adjusted to protect gains.

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