🚴‍♂️ $VELODROME /USDT BEARISH SETUP – LOSING DEFI TRACTION! 📉

VELODROME is sliding with a -6.59% decline, currently at $0.0482, struggling to hold above key support.

🔍 KEY LEVELS:

🔻 Resistance: $0.0500 – $0.0530

🟢 Support: $0.0472 (immediate) – $0.0440 (next)

📉 Current Price: $0.0482

📊 TECHNICAL OUTLOOK:

Bearish structure confirmed with lower highs and a tight squeeze near support. Momentum favors sellers as price fails to reclaim $0.0500.

💥 TRADE SETUP – SHORT POSITION

🔸 Entry: $0.0482 – $0.0488

🎯 Target 1 (TP1): $0.0470

🎯 Target 2 (TP2): $0.0440

❌ Stop Loss (SL): $0.0515

📌 RISK MANAGEMENT:

Limit risk to 1-2% per trade. Stick to SL and avoid late entries. Watch volume closely for exit triggers. 🧠

⚠️ Bear Control Strengthens – Ride with Caution! ⚠️

#BombieBinanceTGE #MetaplanetBTCPurchase #SparkBinanceHODLerAirdrop #MetaplanetBTCPurchase #BombieBinanceTGE $VELODROME