📉 $VELODROME /USDT — SHORT SIGNAL

Velodrome Finance | Binance Futures (Perpetual)

🔴 Signal: SHORT (Sell)
💰 Current Price: 0.03517 USDT
📉 24h Change: -4.51%

🎯 Entry, Take Profit & Stop Loss

Entry Zone: 0.03515 – 0.03545

Stop Loss (SL): 0.03605

TP1: 0.03480

TP2: 0.03440

TP3: 0.03390
Trade here $VELODROME

📊 Technical Analysis

Trend: Short-term bearish pressure.

Resistance: 0.03540–0.03550

Support: 0.03480, 0.03432

Confirmation: Look for bearish rejection around 0.03540 or a 15-minute candle closing below 0.03480.

Invalidation: Strong price movement above 0.03605 weakens this short setup.

⚖️ Risk-to-Reward Summary

Target Potential Profit* Risk:Reward*

TP1: 0.03480 1.00% 1:0.4
TP2: 0.03440 2.14% 1:0.9
TP3: 0.03390 3.57% 1:1.5

Estimated using an entry of 0.03530 and SL of 0.03605, excluding fees and slippage.

⚠️ Trade Caution: The price is approaching support near 0.03432. Avoid entering a short without confirmation, as a rebound is possible. These are illustrative levels based on the figures you provided, not guaranteed predictions.

#️⃣ Hashtags

#VELODROME #VELO #USDT #ShortSignal #BinanceFutures