$VELODROME /USDT is trying a bounce after a downtrend, not a full trend reversal yet. Price just reacted from ~0.0133 and pushed back above MA7 (0.0149), but still below MA25 (0.0157) and far below MA99 → early recovery phase.
Right now price ~0.0150 sitting at a decision zone.
🔵 Long Trade Setup (VELODROME/USDT)
📍 Entry Zones:
Best (pullback): 0.0142 – 0.0146 (support retest)
Aggressive: 0.0149 – 0.0152 (current bounce entry)
Breakout entry: Above 0.0158 (MA25 reclaim + trend shift)
🎯 Targets:
TP1: 0.0165
TP2: 0.0177
TP3: 0.0188 – 0.0195
🛑 Stop Loss:
Tight: 0.0140
Safe: 0.0132
📊 Market Read:
Trend: Bearish → attempting reversal
Structure: Bounce from support (not confirmed yet)
Volume: Spike on bounce → buyers stepping in
Resistance: 0.0157–0.0160 (very important zone)
🧠 Strategy:
This is not a strong trend coin yet like FET
Best move → wait for pullback or breakout confirmation
If price reclaims 0.0158 strongly → momentum trade becomes valid
If it rejects here → expect retest of 0.014 zone
👉 Simple view:
Above 0.0158 → bullish continuation
Below 0.014 → weak, avoid longs