$VELODROME
{spot}(VELODROMEUSDT)
/USDT: Trade Plan with Bearish PullBack 📈 📊
Market Overview:
Current Price: $0.1901
24h Range: $0.1898 - $0.2200
Volume: 44.07M (USDT), 212.41M (VELODROME)
Change: -10.92% (Pullback from high)
Trade Setup 🎯
1. 📥 Entry Points:
Primary Entry: $0.1900 - $0.1950 (Buy the dip near support)
Aggressive Entry: $0.2050 (If momentum picks up)
2. 🚀 Profit Targets:
1. 🎯 $0.2100 – Immediate resistance
2. 🎯 $0.2150 – Next resistance zone
3. 🎯 $0.2200 – Potential breakout
3. 🛑 Stop-Loss:
$0.1850 (Limit downside risk)
Execution Strategy ⚡
1. Entry:
Buy around $0.1900 - $0.1950 to capitalize on the dip, or consider $0.2050 if momentum turns bullish.
2. Take Profits:
50% at $0.2100
30% at $0.2150
20% at $0.2200
3. Risk Management:
Risk/Reward Ratio: 1:2 or 1:3
Adjust stop-loss after hitting $0.2100 to lock in profits.
Momentum Signals to Watch:
Volume Surge: Look for volume above 20M USDT for further confirmation of trend.
RSI: Above 50 signals strong bullish momentum.
EMA Cross: Look for the 50 EMA crossing above the 200 EMA for a confirmed upward trend.
Plan: Buy the dip, take profits at resistance levels, and stay alert for any momentum shifts! 📈🚀
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