🚴♂️ $VELODROME /USDT – Riding the Edge of Support! ⚠️
$VELODROME is trading at $0.049 (-1.61%), hovering just above its 24h low of $0.0481. It's currently flattening at all major EMAs, suggesting a tight consolidation before the next move:
EMA(7): $0.0493
EMA(25): $0.0492
EMA(99): $0.0492
With 14.19M VELODROME volume, momentum is building. If $0.048 holds, bulls may push for a rebound from this compression zone.
📊 Trading Plan: • Entry Zone: $0.0482 – $0.0492
• Take Profit 1: $0.0500
• Take Profit 2: $0.0508
• Take Profit 3: $0.0524
• Stop Loss: $0.0462
📉 A break below $0.048 could invite more downside — stay alert for a direction-confirming move!
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