$VELODROME has seen a 2.536% price increase in the last 24 hours.
Currently, it oscillates near the upper Bollinger Band at 0.0657, suggesting a slight overextension.
Support is firmly at 0.0606 and resistance at 0.066—key levels to watch.
Volatility appears to be contracting, indicating potential for a breakout or reversal.
Consider placing a stop-loss just below 0.0606 to mitigate risks.
Recommended action: Set alerts and wait for price action confirmation before entering.
