$BETA $BETA The $BETA /USDT pair has displayed strong bullish momentum over the past 24 hours, with a notable price increase of 6.56%. The current price stands at $0.04629, indicating a positive trend.
Key Support and Resistance Levels
Support: The immediate support level is located at $0.03925. A break below this level could signal a potential bearish correction.
Resistance: The next resistance level is at $0.05147. Breaking above this level could lead to further upward movement.
Technical Analysis
Moving Averages: The 7-day and 25-day moving averages are currently below the price, indicating a bullish trend. The 99-day moving average is also below the price, further confirming the bullish sentiment.
Volume: The 24-hour trading volume is 366.11M for BETA and 17.31M for USDT, indicating significant trading activity.
Entry Signal
Given the current bullish momentum and the support level at $0.03925, a potential entry signal could be generated if the price retraces to this level and finds support. Traders could consider a long position with a stop-loss below the support level and a take-profit target at the resistance level of $0.05147.#CryptoAMA #16thBTCWhitePaperAnniv #NovCryptoOutlook #USNFPCooldown #Write2Earn!