$VELODROME / USDT Breakout on the Horizon!๐
The $VELODROME / USDT pair has experienced some volatility over the past 4 hours. Hereโs a quick update:
๐ธ Current Price: $0.1828
๐น 24h High: $0.1927
๐ธ 24h Low: $0.1810
๐น 24h Change: -2.19%
๐ธ Trading Volume (VELODROME): 63.88M
๐น Trading Volume (USDT): 11.90M
๐ After reaching a high of $0.1927, the price has pulled back, currently hovering around the $0.1828 level. The chart suggests some selling pressure as the price faces resistance near $0.1900.
๐ก Key Observations:
The price remains above $0.1800, which could act as a short-term support level.A breakout above $0.1927 could signal renewed bullish momentum.Traders should watch for the next candlestick formations to identify potential trends.
Whatโs your strategy for $VELODROME? Let us know your thoughts! ๐๐