$VELODROME Faces Sharp Pullback After Explosive Rally — Bearish Correction Likely Before Next Major Move

Trade Setup: Short

Entry Zone: 0.01600 - 0.01630

TP1: 0.01520

TP2: 0.01440

TP3: 0.01350

SL: 0.01680

After a parabolic breakout, VELODROME is showing signs of exhaustion near resistance with multiple rejection candles forming on the 4H chart. A loss of momentum after the vertical rally increases the probability of a short-term correction toward key support zones.

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