$VELODROME /USDC – SHORT TRADE SIGNAL🔴
PERSISTENT LOWER HIGHS ON 4H CHART
REJECTION NEAR $0.0466 RESISTANCE
SUPPORT AT $0.0452 UNDER THREAT
$VELODROME is struggling to hold above its short-term support of $0.0452. Price is trapped in a bearish structure with no meaningful bounce from recent lows. Volume remains weak, suggesting the downtrend could extend further if $0.0450 is lost.
🔴 Short Trade Setup:
• Entry Zone: $0.0453 – $0.0461
• Take Profit (TP): $0.0410
• Stop Loss (SL): $0.0466
Market Outlook:
The pair is leaning bearish with downside momentum building. A confirmed break below $0.0450 opens the path toward deeper levels like $0.0410.
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