$VELODROME Bullish Momentum Building! šš„
$VELODROME is trading at 0.0632, up +27.42% in the last 24H, after bouncing strongly from the 0.0494 low. Price briefly touched 0.0687 before a minor retracement, and buyers are showing signs of re-accumulation for another potential push. Holding above 0.0620 could trigger renewed bullish momentum towards higher resistance levels.
Support and Resistance
⢠Resistance: 0.0648 ā 0.0687
⢠Support: 0.0620 ā 0.0595
Trade Setup
⢠Entry Zone: 0.0620 ā 0.0635
⢠Stop Loss: 0.0590
šÆ TP1: 0.0648
šÆ TP2: 0.0665
šÆ TP3: 0.0687
Market Insights
$VELODROME is in a strong uptrend with active buying pressure following a sharp rebound. If bulls reclaim 0.0648 with strong volume, a retest of 0.0687 is highly likely, opening the door for a potential breakout to fresh highs.