🚀 $VELODROME
/USDT Technical Analysis – Eyeing 3 Targets 🎯
Current Price: $0.2242
Recent Performance Highlights:
24h High: $0.2313
24h Low: $0.1851
24h Volume: 436.24M VELODROME
Key Technical Levels:
1️⃣ Target 1: $0.2350 – The first resistance level. Breaking this could signal bullish momentum.
2️⃣ Target 2: $0.2500 – A mid-term target if the uptrend continues, supported by increased buying pressure.
3️⃣ Target 3: $0.2700 – A long-term breakout point. Achieving this could attract higher investor interest and strengthen Velodrome's DeFi positioning.
Support Level to Watch:
$0.2000: A critical support zone. Falling below may indicate short-term bearish trends.
Market Sentiment:
Velodrome is riding strong DeFi momentum, making it a gainer in the last 24 hours. However, traders should keep an eye on the resistance levels and adjust strategies accordingly.
Trade wisely! What’s your next move?
Let me know if you'd like adjustments or further details.