⚡️ $VELODROME /USDT – May 24, 2025
🏷️ Category: DeFi
💰 Price & Info
Current Price: $0.0617 (▼ -8.86%)
24H High: $0.0679
24H Low: $0.0595
Volume: 53.53M VELODROME | $3.39M USDT
📈 VELODROME Price Analysis & Key Levels
🔹 Resistance: $0.065 / $0.068
🔹 Support: $0.060 / $0.0595
📊 Crypto Market Insights
🔸 Fibonacci Retracement (Low $0.0595 – High $0.0679):
• 38.2% – $0.0635
• 61.8% – $0.0648
• Pivot – $0.0640
🔸 ATR (14D): ±$0.005
📉 Volatility Range: $0.056 – $0.069
🚨 Bearish Scenario
❌ Break below $0.060 support may target $0.0595 and lower
❌ Resistance near $0.0648 holds, limiting upside
📈 Bullish Scenario
✅ Bounce above $0.064 pivot may lead to testing $0.0679
✅ Sustained move above $0.068 may confirm reversal
📌 Trading Strategy – Bearish Bias
🛍️ Spot Trading
Sell Zone: $0.060 – $0.062
Targets: $0.0595 / $0.058
Stop-Loss: $0.065
📈 Futures Trading
Short Entry: $0.060 – $0.062
Targets: $0.0595 / $0.058
Stop-Loss: $0.065
Long Entry: $0.065 – $0.068 (on breakout)
Targets: $0.068 / $0.07
Stop-Loss: $0.059
🛡️ Risk Management & Alerts
Support at $0.060 is critical; watch for volume spikes signaling possible rebound or breakdown.
💡 Unique Insight – VWAP
VWAP near $0.063 indicates price below average trading price, suggesting current selling pressure.
📌 Summary
VELODROME faces bearish pressure with key support at $0.060. A break below could open further downside, while reclaiming $0.065 might signal recovery.
❓Closing Question: Will VELODROME hold above $0.060 or break lower?
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