📊 $BETA /USDT Market Analysis -

The $BETA /USDT pair has shown impressive momentum in the past 24 hours, posting a +10.43% price increase. The current price stands at $0.05166, with a daily high of $0.05835 and a low of $0.04623.

Key Price Levels:

Current Price: $0.05166

24h High: $0.05835

24h Low: $0.04623

Recent 15m High: $0.05166

Recent 1h High: $0.05007

Recent 4h High: $0.05451

Trading Volume:

24h Volume (BETA): 220.51M

24h Volume (USDT): 11.46M

Analysis:

The pair has demonstrated strong bullish momentum, climbing steadily from the 24h low of $0.04623 and approaching its 24h high of $0.05835. The +10.43% rise in the last 24 hours indicates growing investor interest.

As of now, the support level stands around $0.04623, with resistance near the $0.05451 mark. If the price manages to break through this resistance, the next target could be around $0.05835.

Keep an eye on the depth chart for further signals of buying pressure as the price tests key levels. The 24-hour trading volume suggests significant activity, with over 220 million $BETA tokens traded. This indicates a strong market presence and suggests that traders are actively participating in the price action.

Conclusion:

If the price holds above $0.05000, the bullish trend could continue, with further tests of resistance levels at $0.05451 and $0.05835. Traders should watch for any signs of reversal at these levels, as a breakout could signal a continued uptrend.

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