$VELODROME /USDT is attempting a recovery 🚀! After a sharp drop to $0.0467, the token is showing signs of stabilizing and bouncing off the local bottom 🔄.
*Key Levels:*
- *Support*: $0.0470 - a crucial level to hold for a potential recovery
- *Resistance*: $0.0505 - a break above this level could trigger fast upside moves
- *Breakout Level*: $0.0520 - a clear target for the next leg up
*Trade Setup:*
- *Entry Zone*: $0.0490 – $0.0496
- *TP1*: $0.0505
- *TP2*: $0.0515
- *TP3*: $0.0525
- *SL*: $0.0475
Let's watch for a close above $0.0505 to confirm strength and trigger a potential reversal 🔥. Momentum is building, and $VELODROME could be gearing up for the next breakout leg 📈!