$VELODROME /USDT.
Current Price: ~$0.0540
24h High: 0.0558
24h Low: 0.0535
Volume:
VELO Volume: 24.57M
USDT Volume: 1.34M
MA60 (15min chart): 0.0540 (price sitting exactly on it!)
Recent Volumes are mixed but smaller (~49K latest).
Quick Technical Reading:
Price = MA60 → Neutral zone (no big momentum).
Daily movement is small (from 0.0535 low to 0.0558 high).
Volume is OK but not explosive.
Today it’s -2.70% = mild weakness.
Support area: 0.0535
Resistance: 0.0558 - 0.0565
VELO/USDT Trade Setup Idea:
Strategy:
Small buy zone between 0.0536 - 0.0540.
Stoploss just below 24h low (0.0535), at 0.0531 for safety.
First profit near recent high, second profit aiming above.
If it breaks 0.0560 with volume, you can even trail stop and ride higher.
Important Tip:
If Bitcoin or ETH pump, VELO can follow fast because it’s low liquidity.
Careful: if it breaks below 0.0535 with volume, it might dump faster.
Would you like me to also show a quick risk/reward chart for this VELO setup?
It’ll be easier to visualize!
(Just say “yes” if you want it.)
#BinanceAlphaPoints #MarketRebound #BinanceHODLerSIGN #Write2Earn! #VELODROMEUSDT