Bull Run Confirmed After a Sharp Downtrend in $VELODROME !🔥💯
Pair: VELODROME/USDT
Current Price: $0.1949 (+4.73%)
After a prolonged consolidation near $0.1850, VELODROME/USDT has broken out with significant momentum. This breakout indicates strong buying interest, confirming the start of a potential bull run.
Targets:
• Short-Term Target: $0.2000
• Mid-Term Target: $0.2150
Stop Loss:
Set a stop loss at $0.1850 to manage risk effectively.
Actionable Advice:
• Early entries can be taken now to ride the trend, but ensure risk management by securing partial profits as the price approaches $0.2000.
• Monitor price action closely around resistance zones.
Keep an eye on the momentum; breakouts like these often lead to further upside potential.