$VELODROME /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION
$VELODROME /USDT is showing bullish momentum with a series of higher lows and consistent buying pressure. The price has bounced off a strong support zone near 0.0354, and EMAs are aligned upwards, confirming an uptrend. MACD is trending above the signal line, and Bollinger Bands indicate potential upward expansion. Short-term buyers are in control, suggesting continuation toward resistance levels.
Trade Setup:
Long Entry: Above 0.0405
Target 1 (TP1): 0.0435
Target 2 (TP2): 0.0460
Stop Loss (SL): 0.0380
Risk Management:
Risk only 1–2% of capital per trade. Keep SL tight to protect against sudden volatility and avoid overleveraging.
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