New listing coin and market view
1. VELODROME ($VELODROME )
Price: $0.2552
Daily Change: +71.97%
Analysis: VELODROME has shown remarkable upward momentum, indicating strong interest. High-volume buy activity suggests potential further gains but also heightened volatility.
Signal: Wait for consolidation before entering a trade.
2. $ME
Price: $4.343
Daily Change: +3.11%
Analysis: Stable growth with modest upward momentum. Consider entering on dips for medium-term gains.
Signal: Watch $4.00 as strong support and $4.50 for breakout potential.
3. $MOVE
Price: $0.6572
Daily Change: +4.78%
Analysis: MOVE is moving steadily upward with moderate gains. Look for stronger volume confirmation.
Signal: Entry around $0.60 with a take-profit target near $0.75.
4. ORCA
Price: $5.230
Daily Change: +0.79%
Analysis: Slight upward movement suggests consolidation. Significant breakout possible if it surpasses $5.50.
Signal: Consider entering around $5.20 for a swing trade with resistance at $5.80.
5. ACX
Price: $0.8252
Daily Change: +4.27%
Analysis: ACX is showing steady performance, indicating gradual bullish sentiment.
Signal: Buy near $0.80 with take-profit targets at $0.85 and $0.90.
6. THE
Price: $1.8003
Daily Change: -1.47%
Analysis: A slight decline shows bearish pressure. Monitor for a potential reversal if the price rebounds above $1.85.
Signal: Wait for a clear trend shift before entering.
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Trade Signal for VELODROME (VELO) on the 4-Hour Chart
Overview: VELODROME has seen a parabolic rise, surging 71.97% in the last 24 hours. The coin currently trades at $0.2552, showing strong buying pressure.
Entry Price: $0.25 (or upon breakout above $0.27)
Resistance Levels: $0.27, $0.30
Support Levels: $0.23, $0.20
Take-Profit Targets:
1. $0.28
2. $0.30
3. $0.35
Stop Loss: $0.22
Caution: Volatility is high; traders should manage risk by using appropriate position sizing. Watch for a breakout above resistance or consolidation near support.
#CryptoSignals #BinanceUpdate #veloce #MarketAnalysis #Altcoin
