VELODROME's recent rally has run for 50 K-lines, and currently the price is coinciding with the dynamic tracking line (0.02427). This position is a bit delicate.

From a technical perspective, support levels are at 0.02287, 0.02329, and 0.02371, with resistance at the recent high of 0.02558. The retracement from the previous high exceeds 5%, indicating that this rally has already consumed some momentum.

Regarding strategy scoring: if the price can stabilize around the tracking line, there is still a chance to push higher towards the recent high. But this is the key—once the price breaks below the tracking line as a dynamic stop-loss reference, the upward trend may stall or even reverse.

How is the bullish momentum now? This is crucial for judging the next move. The price is testing the dynamic support; if the bulls are not decisive enough, a downward probe is likely. Conversely, if the bullish strength is sufficient, reaching for the previous high is not a dream. These one or two K-lines are very important to clearly see the strength comparison between bulls and bears.