$VELODROME

/USDT: Strong Dip Move Confirm 🔥 💯 🎯

Technical Snapshot:

Current Price: 0.1754 (down 0.11% in 24h)

24h High: 0.1834

24h Low: 0.1731

Volume: 57.99M VELODROME, 10.34M USDT

Trend: The price is slightly down by -0.90% on the 30-minute chart, reflecting a small dip after testing resistance levels.

Support & Resistance:

Support: 0.1731 (24h low), 0.17 (psychological level)

Resistance: 0.1834 (24h high), 0.1850 (round resistance level)

Trade Strategy:

1. Bullish Entry:

Trigger: If the price breaks above 0.18

Targets: 🎯0.1850 | 🎯0.1900 | 🎯0.20

Stop Loss: 0.17 (key support)

2. Bearish Entry:

Trigger: If the price falls below 0.17

Targets: 🎯0.1650 | 🎯0.1600 | 🎯0.1550

Stop Loss: 0.18 (resistance zone)

Conclusion:

Bullish Outlook: A break above 0.18 could lead to a potential rally to higher targets.

Bearish Outlook: If the price drops below 0.17, it could signal a further decline.

Keep an eye on the key levels for potential breakout or breakdown opportunities!

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