$VELODROME /USDT ⚡️ Consolidation Alert on resistance area⚡️

🔥 Current Price: $0.2170 (-1.68%)

VELO is currently consolidating within a range, 👀 closely watching the critical resistance zone at $0.2200-$0.2300. This is the key level for bulls to break through! 📈

📊 Short-Term Play:

* Bullish Breakout 🎯: Entry at $0.2225 with a target of $0.2400.

* Bearish Rejection 📉: If rejected at resistance, expect a retracement towards $0.2000, offering a potential buying opportunity at lower levels.

📌 Risk Management is Key:

* Breakout Stop-Loss: $0.2100 🛑

* Short Entry Stop-Loss: $0.2255 🛑

Market Momentum: The price is nearing a crucial decision point. ⚠️ Be vigilant for volume spikes and confirm signals before entering any trades.