$VELODROME
/USDT Slight Dip Move Confirm šÆ š„ šÆ
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:
š¹ 0.1740 - 0.1760 USDT
Consider entering near the current price zone, especially if the market shows signs of stabilization.
Targets:
šÆ Target 1: 0.1800 - 0.1820 USDT
Target a moderate recovery toward the first resistance zone.
šÆ Target 2: 0.1850 - 0.1880 USDT
Push for higher levels if momentum picks up toward the 24h high.
Exit Plan:
šŖ Exit 1: 0.1800 - 0.1820 USDT
Secure partial profits as the price tests initial resistance.
šŖ Exit 2: 0.1850 - 0.1880 USDT
Trail your stop-loss and exit fully at the second target.
Stop-Loss:
ā ļø 0.1700 - 0.1720 USDT
Set a stop below 0.1720 to limit losses in case of further downside.
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! šš° #Crypto #VELODROME #TradingPlan #SolvProtocolMegadrop #BinanceAlphaAlert #BTCBelow92K #DEXVolumeRecord