$VELODROME /USDT - Trading Signal

Long Entry: $0.1315 - $0.1325

Target 1: $0.1340

Target 2: $0.1360

Stop Loss: $0.1300

Observation: Velodrome ($VELODROME /USDT) is showing signs of recovery after touching support at $0.1303. With the price nearing the mid-Bollinger Band, momentum could push it toward the upper band. Watch for buying pressure to sustain the breakout above $0.1340.

Trading Tips:

Consider scaling profits near $0.1340 and $0.1360.

Manage your risk by placing the stop loss at $0.1300, below key support.

Note: Always follow risk management strategies and monitor market conditions before entering trades.

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