$VELODROME latest market update 🚀
Long/Short: Short
Entry: 0.01871–0.01885
Stop Loss: 0.01893
Targets: 0.01861/0.01845/0.01822
Analysis: Brothers, look at the chart. $VELODROME ’s short move is steadier than an old man strolling with a bird. The short-term EMA has crossed below the long-term EMA, and the MACD has formed a dead cross—like a textbook scissor-hand. RSI is at 43.7, looking half-dead: not oversold, and no desire to rebound. It’s basically just a “give up and wait” posture. Don’t tell me anything about “bull vs bear battle”—this is clearly the sellers dominating and harvesting without even a decent counter-poke. Are you going to chase the short now? I won’t stop you, but the stop loss at 0.018928 has to be firmly nailed down. If it breaks, be ready for liquidation fireworks. Anyway, I’ve said it plainly: buying long at this spot is worse than buying a lottery ticket—at least you might get a second of excitement.
Risk Warning: Suggested stop-loss level: 0.018928. Adjust your position according to your own risk tolerance
#VELODROME
Long/Short: Short
Entry: 0.01871–0.01885
Stop Loss: 0.01893
Targets: 0.01861/0.01845/0.01822
Analysis: Brothers, look at the chart. $VELODROME ’s short move is steadier than an old man strolling with a bird. The short-term EMA has crossed below the long-term EMA, and the MACD has formed a dead cross—like a textbook scissor-hand. RSI is at 43.7, looking half-dead: not oversold, and no desire to rebound. It’s basically just a “give up and wait” posture. Don’t tell me anything about “bull vs bear battle”—this is clearly the sellers dominating and harvesting without even a decent counter-poke. Are you going to chase the short now? I won’t stop you, but the stop loss at 0.018928 has to be firmly nailed down. If it breaks, be ready for liquidation fireworks. Anyway, I’ve said it plainly: buying long at this spot is worse than buying a lottery ticket—at least you might get a second of excitement.
Risk Warning: Suggested stop-loss level: 0.018928. Adjust your position according to your own risk tolerance
#VELODROME