$VELODROME

/USDT Dip Move Short-term Update Alert 💥 💯 📈

$VELODROME faces heavy selling pressure, with price nearing its 24h low. Watch for a potential bounce above $0.1865 for long trades or a breakdown below $0.1865 to continue shorting.

Price: $0.1891 (-11.68% change)

24h High: $0.2175

24h Low: $0.1869

24h Volume (VELODROME): 89.64M

24h Volume (USDT): 17.61M

Current Price (30m): $0.1891 (-0.63% in the last interval)

VELODROME is down significantly over the past 24 hours, trading just above its daily low of $0.1869.

Trade Setup:

Entry (Long):

Buy around $0.1865–$0.1885 if the price holds above the daily low and shows signs of reversal.

Stop Loss: Below $0.1850.

Exit (Long):

Target 1: $0.2000 (psychological level)

Target 2: $0.2170 (24h high zone)

Entry (Short):

Sell if the price breaks below $0.1865 with increased selling pressure.

Stop Loss: Above $0.1900.

Exit (Short):

Target: $0.1800 (next key support level)

Quick Insight:

VELODROME faces heavy selling pressure, with price nearing its 24h low. Watch for a potential bounce above $0.1865 for long trades or a breakdown below $0.1865 to continue shorting. A recovery could aim for $0.2000, while further declines might test $0.1800.

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