$VELODROME Rejection Setup
VELO is facing resistance around the 0.0220–0.0228 zone after a strong upward move. The latest candles are showing rejection, so a controlled pullback could develop if 0.0215 support breaks.
Entry: 0.0216–0.0219
TP1: 0.0212
TP2: 0.0207
TP3: 0.0202
SL: 0.0229
Watch the 0.0215 level for confirmation. If buyers reclaim 0.0222 strongly, the short setup becomes weaker.
Sell and Trade $VELODROME
VELO is facing resistance around the 0.0220–0.0228 zone after a strong upward move. The latest candles are showing rejection, so a controlled pullback could develop if 0.0215 support breaks.
Entry: 0.0216–0.0219
TP1: 0.0212
TP2: 0.0207
TP3: 0.0202
SL: 0.0229
Watch the 0.0215 level for confirmation. If buyers reclaim 0.0222 strongly, the short setup becomes weaker.
Sell and Trade $VELODROME
