🚴$VELODROME / USDT Bull Run Alert!🚨
Current Price: $0.186324H Change: +0.27%
Technical Analysis (4H Chart)
$VELODROME USDT has demonstrated a steady uptrend, breaking past multiple resistance levels and reaching a high of $0.1863 on the 4-hour chart. The pair is showing signs of bullish continuation with higher highs and higher lows.
Key Levels to Watch
1️⃣ Support Zone: Immediate support is seen at $0.1800. A breakdown below this level could invite short-term corrections.
2️⃣ Resistance Zone: The next key resistance lies at $0.1900. A breakout above this could set the stage for further gains.
Market Sentiment
Bullish Indicators: The consistent upward movement and recent breakout indicate strong buyer interest.Volume Insight: Sustained volume will be critical to maintaining the current bullish momentum.
Trading Opportunities
For Bulls: Look for dips around $0.1800 as potential entry points or a breakout above $0.1900 for a momentum trade.For Bears: Short positions could be considered if the price breaks below $0.1800, targeting $0.1700.
🔑 VELODROME is gaining traction in the market. Traders should monitor the price action closely as it approaches key resistance levels.
