š» $VELODROME /USDT ā Bearish Pressure Building, Short Setup in Play
VELODROME is showing signs of slowing momentum near resistance at $0.0596 after a minor bounce. Price is now hovering at $0.0584, with a possible pullback if it fails to reclaim the highs.
š Short Trade Setup:
⢠Entry Zone: $0.0585 ā $0.0595
⢠Stop Loss: Above $0.0605
⢠Target 1: $0.0565
⢠Target 2: $0.0550
⢠Target 3: $0.0535
Watch for rejection at $0.0596 with declining volume to confirm downside potential.