🚀 Spot Trade Signal for $VELODROME /USDT – Strategic Opportunity 🚀

🟢 Entry Point: $0.1285 (Perfect consolidation level with breakout potential)

🎯 Target Price 1 (TP1): $0.1305 (Immediate resistance for short-term profits)

🎯 Target Price 2 (TP2): $0.1330 (Major resistance for extended gains)

❌ Stop Loss (SL): $0.1260 (Below recent support to minimize downside risk)

📊 Market Insights:

Volume Surge: Strong increase in volume supports the bullish trend.

Momentum Analysis: RSI and MACD indicate steady upward strength.

Risk-Reward Ratio: Favorable for both scalping and swing trades with 3:1 potential.

💡 Spot Trading Strategy:

Allocate 50-70% capital at the entry point.

Book partial profits at TP1 and hold remaining for TP2.

Adjust SL to breakeven after TP1 to ensure a risk-free trade.

🌟 Profit Potential: ~5-10% gain with strong market sentiment!

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