$VELODROME is showing early downside pressure after failing to sustain above the 0.0185–0.0190 resistance zone. Price is now losing short-term support, indicating a potential shift from accumulation to distribution if buyers don’t step in quickly.
Entry Zone (Short): 0.0180 – 0.0185
TP1: 0.0173
TP2: 0.0165
TP3: 0.0158
Stop Loss: 0.0192
Momentum is weakening as price fails to hold higher lows and starts rotating downward from resistance. If 0.0178 breaks cleanly, downside acceleration is likely. However, if price reclaims 0.0185, this bearish idea gets invalidated and the range continues.
Buy now and trade here on $VELODROME
VELODROME
0.01791
-0.72%