🚨 $VELODROME /USDT on the Move: Strong Recovery in Progress! 🚨
VELODROME is trading at $0.1945, marking an +8.72% gain in the past 24 hours. After hitting a 24-hour low of $0.1632, the token has rebounded, showing resilience and preparing for its next move toward the key resistance zone of $0.2109.
Key Levels to Watch:
Resistance: $0.2100 – A breakout above this level could trigger a stronger bullish rally.
Support: $0.1800 – Crucial level to maintain upward momentum.
Targets for the Upside:
1. $0.2200 – Immediate level for short-term profits.
2. $0.2500 – Mid-term target as bullish pressure builds.
3. $0.2750 – A potential long-term target with strong market interest.
Market Insights:
With a trading volume of 276.16M $VELODROME, the token is gaining traction. Traders should watch for sustained buying interest above $0.2100 to confirm the bullish trend. A dip below $0.1800 could indicate a potential retracement.
Keep a close eye on VELODROME as it positions itself for its next breakout!