VELAUSDT at 4h resistance, likely to pullback
The price has once again reached to the 4h resistance 4HR1 and getting pushed back down from there. I believe the price is heading down to next support level. I had some spot which I have sold and planning to buy around 1.523. If it does not go down, then I will buy when it goes upward and closes above 4HR1 resistance. Thanks for pointing out this coin. Trade and levels are working pretty perfectly for this one with enough volatility and bigger range.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.