$VELODROME /USDT: Uptrend Momentum – Key Targets in Focus
Current Price: $0.2023 (+8.94%)
Key Targets:
1. $0.2050 (Immediate Resistance)
2. $0.2100 (Breakout Zone)
3. $0.2160 (24-Hour High)
Market Overview: VELODROME is maintaining its bullish momentum after a strong surge, reaching a high of $0.2161 before a brief pullback. The price is attempting to regain traction above $0.2020, with a potential test of the $0.2100 resistance level.
Action Plan:
Short-term Traders: Target $0.2050 for quick profits. Use $0.2000 as a stop-loss level to minimize risks.
Long-term Investors: Accumulate around $0.2020 for a potential breakout toward $0.2100 and $0.2160.
Watch for increasing volume and sentiment to confirm the uptrend continue