Velodrome is gaining strong momentum, currently up 7.57%, with a solid breakout above key resistance. The price action is forming higher highs and higher lows, confirming a bullish trend. The increasing volume suggests strong buying pressure, signaling that bulls are in control. With no major resistance ahead, VELODROME is primed for further upside.
If the price holds above $0.0550, it could trigger further momentum toward $0.0575 and beyond. However, in case of a pullback, key support at $0.0530 should act as a strong buying zone. A breakout above $0.0557 could confirm continued movement toward higher targets.
Risk Management Tip: Adjust stop-loss levels once the first target is reached to secure profits.
Buy and Trade here on $VELODROME
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