๐ Spot VELODROME Insights | 2025-11-11 02:00 UTC
TL;DR:
VELODROME surged 20%+ in 24 hrs, showing strong bullish momentum โ though short-term correction risks remain.
๐ฅ Positives:
โ Uptrend Confirmed: EMAs (7 > 25 > 99) signal sustained bullish strength.
โ Momentum & Volume: MACD positive, with volume spikes up to 4.6M USDT.
โ Market Optimism: Community eyes next targets $0.050โ$0.0586.
โ ๏ธ Risks:
๐ธ Overbought: RSI ~ 70 suggests short-term pullback possible.
๐ธ Profit-Taking: Money flow shows large outflows near peaks.
๐ธ Volume Drop: Decline to 958K USDT hints easing buying pressure.
๐ Sentiment:
Bullish dominance โ traders expect breakout continuation.
๐ฑ Catch live VELODROME updates on Binance:
https://app.binance.com/en/mp/qr/4iNsbZrM
#VELODROME #CryptoInsights #SpotUpdate
