Why is Velodrome listed on Binance when it only has USDT as a trading pair, but USDT is not supported by Binance.
Completely nonsensical!
Crypto Master 786
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Bullish
$VELODROME
📊 VELODROME/USDT Technical Analysis – Trading at $0.3451, Key Levels to Watch! 📊
VELODROME is currently priced at $0.3451, consolidating within a crucial range with potential for breakout or retracement. Here's the technical outlook:
🔸 Resistance: The immediate resistance is at $0.3600, a level where sellers have limited upward movement. A breakout above this could trigger a rally toward $0.3800, signaling bullish strength.
🔸 Support: The nearest support is at $0.3300, where buyers have consistently stepped in. A retest of this level could offer a solid buying opportunity for those anticipating a rebound.
📈 Entry Strategy:
For Bulls: Look for a breakout above $0.3600 with strong volume to target $0.3800 and beyond.
For Bears: A drop below $0.3300 could signal further downside, with potential targets near $0.3100.
⚠️ Risk Management: Use tight stop-losses around support and resistance levels to manage risk effectively.
💡 VELODROME is at a critical juncture, offering actionable opportunities for both bulls and bears. Stay focused and trade with precision! 🚀
#BinanceLaunchpoolVANA #BinanceListsVelodrome #BitcoinKeyZone #Write2Earn!
📊 VELODROME/USDT Technical Analysis – Trading at $0.3451, Key Levels to Watch! 📊
VELODROME is currently priced at $0.3451, consolidating within a crucial range with potential for breakout or retracement. Here's the technical outlook:
🔸 Resistance: The immediate resistance is at $0.3600, a level where sellers have limited upward movement. A breakout above this could trigger a rally toward $0.3800, signaling bullish strength.
🔸 Support: The nearest support is at $0.3300, where buyers have consistently stepped in. A retest of this level could offer a solid buying opportunity for those anticipating a rebound.
📈 Entry Strategy:
For Bulls: Look for a breakout above $0.3600 with strong volume to target $0.3800 and beyond.
For Bears: A drop below $0.3300 could signal further downside, with potential targets near $0.3100.
⚠️ Risk Management: Use tight stop-losses around support and resistance levels to manage risk effectively.
💡 VELODROME is at a critical juncture, offering actionable opportunities for both bulls and bears. Stay focused and trade with precision! 🚀
#BinanceLaunchpoolVANA #BinanceListsVelodrome #BitcoinKeyZone #Write2Earn!
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