$VELODROME

/USDT Slight Dip Move Confirm šŸ’Æ šŸ”„ šŸŽÆ

Market Insight:

$VELODROME has declined by 3.35%, with a high of 0.1869 and a low of 0.1749 over the past 24 hours. Trading volume is moderate, with 49.90M VELODROME and 9.02M USDT. The price is hovering near the lower end of its range, suggesting potential for a bounce or further downside.

Entry Point:

šŸ”¹ 0.1740 - 0.1760 USDT

Consider entering near the current price zone, especially if the market shows signs of stabilization.

Targets:

šŸŽÆ Target 1: 0.1800 - 0.1820 USDT

Target a moderate recovery toward the first resistance zone.

šŸŽÆ Target 2: 0.1850 - 0.1880 USDT

Push for higher levels if momentum picks up toward the 24h high.

Exit Plan:

šŸšŖ Exit 1: 0.1800 - 0.1820 USDT

Secure partial profits as the price tests initial resistance.

šŸšŖ Exit 2: 0.1850 - 0.1880 USDT

Trail your stop-loss and exit fully at the second target.

Stop-Loss:

āš ļø 0.1700 - 0.1720 USDT

Set a stop below 0.1720 to limit losses in case of further downside.

šŸ“Š Risk/Reward:

Aim for a 2:1 ratio, balancing risk with potential reward.

Monitor volume and price action for a possible bounce from current support levels! šŸš€šŸ’° #Crypto #VELODROME #TradingPlan #SolvProtocolMegadrop #BinanceAlphaAlert #BTCBelow92K #DEXVolumeRecord