$VELODROME is consolidating between $0.2360 (and $0.2450 after a sharp drop from its 24-hour high of $0.2850.

A breakout above $0.2450 could push the price toward $0.2550 and $0.2650, while a breakdown below $0.2360 may lead to a decline toward $0.2280.

Watch for volume spikes to confirm the move, and manage risks with stop-losses set below $0.2380 for longs and above $0.2420 for shorts. Tight consolidation indicates a sharp move is imminent.

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