🚨 $VELODROME Trade Setup — 4H
📈 Direction: LONG
✅ Entry Zone: 0.01730–0.01755
🛑 Stop Loss: 0.01690
🎯 TP1: 0.01799
🎯 TP2: 0.01850
🎯 TP3: No safe setup yet—waiting for confirmation.
⚖️ Risk-to-Reward: ~1:2
💡 Why VELODROME May Go Up or Down:
The 4H chart is showing a short-term recovery after forming a higher low from the recent swing bottom.
Price has pushed back above the 0.01700 area, but 0.01800 is still acting as the nearest visible resistance.
RSI is not shown on this chart, so there is no safe RSI confirmation yet.
Buying momentum has improved, and the recent bullish candles came with noticeably stronger volume than earlier candles.
The latest candle is attempting to hold after rejecting lower prices, but a clean close above 0.01800 would strengthen the bullish case.
This entry makes sense only if price continues holding above the 0.01730 area; losing 0.01690 would invalidate the setup and shift momentum back to the sellers.
🗣️ Are you taking this VELODROME setup or waiting for a cleaner retest?
👉 Trade: $VELODROME
⚠️ Not financial advice. Always manage your risk.
#VELODROME #TradeSetup #TechnicalAnalysis #WriteToEarnUpgrade #Write2Earn
📈 Direction: LONG
✅ Entry Zone: 0.01730–0.01755
🛑 Stop Loss: 0.01690
🎯 TP1: 0.01799
🎯 TP2: 0.01850
🎯 TP3: No safe setup yet—waiting for confirmation.
⚖️ Risk-to-Reward: ~1:2
💡 Why VELODROME May Go Up or Down:
The 4H chart is showing a short-term recovery after forming a higher low from the recent swing bottom.
Price has pushed back above the 0.01700 area, but 0.01800 is still acting as the nearest visible resistance.
RSI is not shown on this chart, so there is no safe RSI confirmation yet.
Buying momentum has improved, and the recent bullish candles came with noticeably stronger volume than earlier candles.
The latest candle is attempting to hold after rejecting lower prices, but a clean close above 0.01800 would strengthen the bullish case.
This entry makes sense only if price continues holding above the 0.01730 area; losing 0.01690 would invalidate the setup and shift momentum back to the sellers.
🗣️ Are you taking this VELODROME setup or waiting for a cleaner retest?
👉 Trade: $VELODROME
⚠️ Not financial advice. Always manage your risk.
#VELODROME #TradeSetup #TechnicalAnalysis #WriteToEarnUpgrade #Write2Earn