$VELODROME /USDT — SHORT TRADE SIGNAL 🔻

After a sharp recovery towards the $0.0465 zone, faced strong resistance and failed to sustain above the short-term EMA. The rejection candle and decreasing volume on 4H chart suggest bearish momentum building up for a correction toward lower support levels.

Trade Setup:

Entry: 0.0402 – 0.0410

Target 1: 0.0380

Target 2: 0.0360

Target 3: 0.0335

Stop Loss: 0.0465

Margin: 2–3% of wallet

Leverage: 10x

Market Outlook:

Momentum is shifting bearish as sellers regain control below $0.042. A close under $0.039 could confirm downside continuation, with potential retest of $0.033 support. Traders should monitor Bitcoin’s trend for confirmation of market sentiment.

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