๐ $VELODROME /USDT Market Update

VELODROME
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๐ฐ Current Price: $0.0702 (-3.97%) ๐
๐บ 24h High: $0.0731
๐ป 24h Low: $0.0660
๐ 24h Volume: 35.14M VELO ($2.42M USDT)
๐ Technical Analysis
โ Support Levels: $0.0694 โ $0.0681 โ $0.0660
๐ Resistance Levels: $0.0707 โ $0.0720 โ $0.0731
๐ Market Outlook
๐น Current Trend: VELO is in a short-term downtrend, but support at $0.0660 is holding.
๐น Potential Reversal: A move above $0.0707-$0.0720 could signal recovery.
๐น Further Decline? If $0.0660 breaks, it may drop toward $0.0650.
๐ Key Indicator: Watch RSI for oversold conditions & potential bounce.