$VELODROME /USDT — Long Setup🚀🔥
Entry Range: $0.0178 – $0.0182
Stop Loss: $0.0170
Targets:
TP1: $0.0188
TP2: $0.0195
TP3: $0.0205
Strong impulsive move followed by a controlled pullback — exactly the kind of structure you want to see. Price is now stabilizing above previous support, showing signs of continuation rather than breakdown.
The recent dip looks like a healthy correction after the push, not a reversal. As long as buyers defend the current zone, continuation toward the highs is likely.
Patience here is key — avoid chasing the top, let price hold and confirm strength in this range.
Invalidation: A clean break below $0.0170 would weaken the structure and shift momentum bearish.