$VELODROME – Buyers Defending Key Support Zone Strongly 🛡️

Current Price: $0.0700

24H Range: $0.0626 – $0.0833

Why It May Move Higher:

Price pulled back but showed a sharp recovery near $0.063, indicating strong buyer interest

Structure remains bullish with higher lows forming

Volume is rising, supporting momentum:

• 24h Volume: 44.63M

• Recent spike: 11.9M vs avg. around 7.5M

This suggests accumulation is ongoing near the base.

Trade Plan:

Entry Zone: $0.0680 – $0.0710

Targets:

• TP1: $0.0758

• TP2: $0.0802

• TP3: $0.0848

Stop Loss: $0.0645 (below recent reaction low)

Note:

Wait for price to stay above $0.070 on 15m or 1H timeframe before entering. Trail SL after TP1.

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