VELODROME Finance (VELO/USDT) Technical Analysis

Price: $0.02856 (+8.02%)
24h High: $0.02891
MA(7): $0.02769 - Holding
MA(25)/MA(99): Bullish Crossover

After 30% pump from $0.02215 bottom, price consolidating near high. Volume 19.5M VELO confirms strength.

Resistance: $0.03100 - $0.03120 (Major Rejection Zone)
Next Target if $0.03120 breaks: $0.03500 🚀
Support: $0.02770 / $0.02481

Bias: Bullish till $0.02769 holds.

Question for you: Do you think VELO will reject at $0.03120 or break to $0.035 today? 🤔

My Plan: Taking 50% profit at $0.031 & holding rest for $0.035

Not Financial Advice.

#VELODROME #TA #Altcoins #BinanceSquare