$VELODROME DEAD CAT OR REAL BOUNCE? WATCH CLOSELY ❗❗$VELODROME is attempting a slight recovery after bottoming at $0.0467. Price has reclaimed the $0.049 zone, but volume remains low and momentum weak. Bulls need to push above $0.0505 to break the downtrend structure.
📊 Trade Setup (High-Risk Bounce Play):
• Entry Zone: $0.0490 – $0.0495
• Take Profit 1: $0.0508
• Take Profit 2: $0.0523
• Stop Loss: $0.0472
Until a clean candle closes above $0.0505 with strength, treat this as a bounce, not a reversal.