$VELODROME /USDT BULLISH BREAKOUT SETUP
VELODROME/USDT is showing strong bullish momentum after a significant rally from the 0.0311 support zone. The price has broken above recent consolidation, indicating potential continuation toward higher levels. Immediate resistance lies at 0.0378, with further upside possible if this level is breached.
Trade Setup:
Long Entry: 0.0375 – 0.0378
Targets (TP): 0.0400, 0.0430, 0.0465
Stop Loss (SL): 0.0345
Analysis: Bullish momentum is confirmed by increasing volume and consecutive higher highs. Price structure suggests continuation toward the next resistance zones.
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