Target Achieved: $VELODROME /USDT 🚀
🔹 Current Price: $0.1953 (-6.69%)
🔹 Previous Targets:
Target 1: $0.1800 ✅
Target 2: $0.1900 ✅
Target 3: $0.2000 (Resistance observed)
💡 Next Potential Target: $0.2200
🔹 VELODROME/USDT is recovering after hitting recent lows, breaking through support levels and attempting to hold above $0.1900. The price is consolidating just below $0.2000, signaling potential for another leg up.
📊 Technical Overview:
The 30m chart shows a strong upward recovery with higher lows, suggesting bullish momentum. Immediate support lies at $0.1900, while a breakout above $0.2000 could propel the price toward $0.2200.
Trading Strategy:
Short-term traders: Take partial profits near $0.2000 and adjust stop-loss to $0.1900.
Long-term traders: Hold positions for potential gains toward $0.2200, monitoring key support levels.