š $VELODROME š„šÆ
/USDT Technical Analysis & Trade Signal
Current Price: $0.0504
24h Change: +5.22% š
24h High/Low: $0.0521 / $0.0474
Volume: Strong at 32.85M VELO, signaling healthy liquidity.
š Technical Overview:
Trend: Bullish continuation pattern forming
Structure: Higher lows with resistance testing at $0.0521
Support Zone: $0.0485 ā $0.0492
Resistance: $0.0521 (key breakout level)
š Trade Signal: LONG (Buy)
Entry Range: $0.0498 ā $0.0505
Stop-Loss: $0.0470 (below swing low & demand zone)
šÆ Target Levels:
Target 1: $0.0535
Target 2: $0.0560
Target 3: $0.0600
š„ Trade Momentum:
Volume increasing ā
Bullish candles forming near resistance ā
Break above $0.0521 could trigger a mini-rally š
ā ļø Risk management is key. Use tight SL for volatile moves. Not financial advice.
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