🚨 $VELODROME /USDT Alert: Testing Critical Support Levels! 🚨
$VELODROME is under pressure, trading at $0.1826, down -7.50% in the last 24 hours. After hitting a low of $0.1818, the price is hovering near crucial support, signaling potential volatility ahead. A breakout or further decline could shape its next significant move.
Key Levels to Watch:
Support: $0.1815 – Must hold to avoid deeper losses
Resistance: $0.2010 – Key breakout zone
Trade Setup:
Entry Point: Near $0.1830 for potential rebound
Stop-loss: Below $0.1780 to mitigate risk
Targets:
1. $0.1900 – Short-term recovery level
2. $0.2050 – Strong resistance for further upside
3. $0.2200 – Major target if bullish momentum builds
Keep an eye on volume and price action around $0.1815. A break below this level could lead to accelerated selling, while a recovery above $0.2010 may ignite bullish momentum. Manage trades cautiously during this volatile phase.
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