$VELODROME USDT – BOUNCE FROM EMA99, REVERSAL PATTERN IN PLAY!
HIGHER LOWS FORMING AFTER 0.0612 BASE
PRICE PUSHES ABOVE ALL EMAs ON 15M CHART
$VELODROME USDT found support at 0.0612 right on EMA(99) and is now trading at 0.0622, reclaiming EMA(25) and EMA(7) in the process. A breakout above 0.0627 could lead to a retest of the recent high at 0.0633.
LONG Trade Setup
Entry: 0.0622
Target: 0.0629 / 0.0633
Stop Loss: 0.0614
The setup shows strength building for continuation. A bullish confirmation above 0.0627 may trigger aggressive buying.
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