If the $VELODROME price breaks and sustains above $0.2313, it may test new highs in the short term. A reversal below $0.2001 could push the price toward the $0.1850 support zone.
Recommendation: Watch for a decisive breakout above $0.2313 for a bullish continuation. Use caution near support levels if the trend reverses.
Resistance Levels:
Immediate resistance is at $0.2313, the 24-hour high. A breakout above this could lead to higher price levels.
Support Levels:
Initial support lies at $0.2001. A break below this could result in further declines toward $0.1851 (the 24-hour low).
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