VELODROME has been on fire, surging +72.04% in 24 hours! After hitting a high of $0.3880, the price retraced to $0.2553, signaling consolidation. Key support is holding near $0.2243, while resistance at $0.3880 remains a major hurdle for bulls.
📊 Key Levels to Watch:
Resistance: $0.3880 – A breakout here could send prices soaring higher.
Support: $0.2243 – This level is critical for bulls to maintain momentum.
🎯 Entry Strategy:
Bullish Play: Buy near $0.2243 if support holds, targeting $0.3121, with a stop-loss at $0.2200.
Bearish Play: Short below $0.2243, aiming for $0.2000, with a stop-loss above $0.2300.
⚡ Insights: The chart reflects a battle between bulls and bears after an explosive rally. A decisive breakout from this range could lead to major price action. Stay sharp and trade with precision! 📈
