🚨 $VELODROME /USDT – Short Setup After Weak Bullish Rejection! 🚨
Current Price: $0.0553 (+2.22%)
24H Range: $0.0523 – $0.0581
Key Levels:
Resistance: $0.0575 / $0.0585
Support: $0.0540 / $0.0515
Market Overview:
VELODROME showed a quick pump but failed to hold above $0.058, forming a classic lower high rejection. Bears are stepping in, and volume is drying up—signs of a potential pullback.
Trade Setup – Short Bias:
Entry Zone: $0.0558–$0.0565 (retest of breakdown area)
Targets:
TP1: $0.0540
TP2: $0.0520
TP3: $0.0500
Stop Loss: $0.0583
Pro Tip:
Look for a weak bounce toward the $0.056 zone to short with better RR. Avoid chasing at current levels—let the setup come to you.
CTA:
Rejection confirmed—ready to short $VELODROME?
Comment “short it” if you’re eyeing that breakdown!
$VELODROME
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