$VELODROME
is climbing with momentum, currently trading at $0.0529 (+3.32%) after rebounding from a firm base at $0.0500. The 1H chart displays a sharp recovery move with a strong bullish candle stack, pushing price to a 24H high of $0.0543. This breakout signals renewed interest in this DeFi gem.
Trade Setup (LONG):
Entry Zone: $0.0520 – $0.0530
Target 1: $0.0555
Target 2: $0.0590
Stop Loss: $0.0500
Why Long?
$VELODROME reclaimed the key psychological level of $0.050 with volume and bullish structure. Despite the slight pullback from the high, higher lows remain intact. Buyers could fuel another wave if price holds above $0.052.
Risk Management Tip:
SL just under $0.050 to protect from fakeouts. Consider locking in profits gradually as it nears resistance zones.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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