$VELODROME USDT short trade signal 🚦 🛑

BEARS MOVE IN AS PRICE FACES SHARP REVERSAL

VELODROME surged to 0.0593 before meeting heavy selling pressure, triggering a sharp pullback to the 0.0538 zone. The rejection from the highs signals a potential short-term bearish phase, with sellers aiming to push price toward lower support levels. Holding below 0.0545 will keep the bearish bias intact.

Trade Setup (Short):

Entry Zone: 0.0538 – 0.0545

Take Profit 1: 0.0520

Take Profit 2: 0.0490

Stop Loss: 0.0564

Market Outlook:

Momentum has shifted in favor of sellers after the rejection at 0.0593. A breakdown below 0.0520 could accelerate the drop toward 0.0490 support, while reclaiming 0.0564 would weaken the bearish scenario.

#VELODROME #CryptoTrading #TechnicalAnalysis #Altcoins #Binance

buy and trade here on $VELODROME