$VELODROME is showing strong bullish momentum after a sharp upward move, with price now testing a key resistance zone. A confirmed breakout could open the door to further upside, but a successful retest would provide a stronger entry opportunity.
Long Setup: $VELODROME
Entry: $0.0385 – $0.0401
TP1: $0.0410
TP2: $0.0420
TP3: $0.0430
Stop Loss: $0.0375
Buyers are showing strength, but confirmation is essential. Avoid chasing a sudden green candle and watch how price reacts around resistance. If the breakout holds and the retest is successful, the next targets could come into focus. If price loses the entry zone, reassess the setup and manage risk carefully.
Trade with a plan, protect your capital, and never risk more than you can afford to lose.
DYOR (Do Your Own Research).
Long Setup: $VELODROME
Entry: $0.0385 – $0.0401
TP1: $0.0410
TP2: $0.0420
TP3: $0.0430
Stop Loss: $0.0375
Buyers are showing strength, but confirmation is essential. Avoid chasing a sudden green candle and watch how price reacts around resistance. If the breakout holds and the retest is successful, the next targets could come into focus. If price loses the entry zone, reassess the setup and manage risk carefully.
Trade with a plan, protect your capital, and never risk more than you can afford to lose.
DYOR (Do Your Own Research).