$VELODROME /USDT Setting Up for a Breakout – Key Levels & Trade Strategy!🔥💯
The $VELODROME /USDT 30-min chart shows strong bullish momentum, breaking key resistance at $0.2500. Price is attempting to form a higher high after a recent pullback, signaling potential upside.
Long Entry Strategy:
• Entry Zone: $0.2480 - $0.2515
• Targets: $0.2550 / $0.2600 / $0.2650
• Stop Loss: Below $0.2440
Support & Resistance:
• Immediate Support: $0.2480
• Resistance Zone: $0.2550 (key breakout level)
If volume sustains, price may break above $0.2550, confirming a bullish trend continuation. Watch for rejection at resistance; failure to hold $0.2440 may trigger short-term bearish momentum.
Short-term remains bullish with strong buying interest. Long-term breakout above $0.2600 could ignite further upside.
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