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MalikproTrader
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no it's old coin not new Mexc have more the 1 year it's price on Mexc 0.14 and after Binance it's pump on it 0.38 after down down down
Mila Rose
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Bearish
$VELODROME
/USDT Technical Analysis and Trade Strategy with three Target keys 📊🎯
Current Price: $0.2212 (-10.95%)
24h High: $0.2596
24h Low: $0.2181
SAR Support: $0.2401
24h Volume (VELODROME): 217.50M
24h Volume (USDT): 53.31M
Average Volume (AVL): 0.2226
Key Levels
Support: $0.2181 (24h Low) – Immediate support zone.
Resistance: $0.2596 (24h High) – Key resistance level.
Target 1: $0.2300 – A potential short-term resistance point, if price finds a bounce.
Target 2: $0.2400 – Near the SAR level, a potential breakout area.
Target 3: $0.2500 – A higher resistance level if bullish momentum resumes.
Trade Setup
1. Enter around $0.2212, which is currently near the 24h low, if price shows signs of stabilizing.
2. Stop-Loss: Place below $0.2181 to manage downside risk if the price drops below the support.
3. Take-Profit:
Target 1: $0.2300
Target 2: $0.2400 (SAR level)
Target 3: $0.2500
Quick Strategy
Trend: The price is currently in a downtrend (-10.95%) and testing support at $0.2181. Look for signs of reversal or stabilization around this level.
Volume: With strong volume (217.50M), be prepared for potential volatility as the price moves toward resistance.
🚀 Monitor for a potential reversal or bounce at key support! 📈
#CryptoUsersHit18M #MicroStrategyJoinsNasdaq100 #BTCNewATH #ETHHits4KAgain #MarketNewHype
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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