🚨 $VELODROME Ready for a Short-Term Push: Key Levels to Watch! 🚨
$VELODROME is trading at $0.2524, showing steady upward movement on the 15-minute chart after rebounding from a low of $0.2360. The price now approaches a critical resistance level at $0.2570, with support holding strong at $0.2500. Traders looking to capitalize on this momentum can consider entering near $0.2524, targeting TP1 at $0.2550 and TP2 at $0.2570. To manage downside risks, a stop-loss at $0.2480 is advised.
The RSI at 56 signals room for further upward movement, while MACD indicates improving momentum. If VELODROME breaks above the resistance zone, a stronger push could be in play, but caution is necessary as volatility remains a factor. Monitor volume and price action closely.