🚀 After a strong bullish run, $BEAMX is showing significant upward momentum, with a 14.46% increase in price over the last 24 hours. Let's dive into the key technical levels, trends, and potential moves in this exciting market.
🚀 Current Price: $0.02937 (+14.46%)
Key Levels to Watch
24h High: $0.02971
24h Low: $0.02164
Current Price: $0.02937
The price has been fluctuating between $0.02164 and $0.02971, reflecting a high volatility market. Traders should pay attention to these levels as potential breakout or reversal points. With $BEAMX hovering near the 24-hour high, the market is showing strength.
Support and Resistance Levels:
Support: $0.02420, $0.02715
Resistance: $0.02971, $0.03012
The support levels are holding strong at $0.02420 and $0.02715, providing a solid foundation in case the price retraces. On the other hand, the resistance at $0.02971 and $0.03012 will likely play a critical role if BEAMX continues its bullish rally.
Market Volume Insight:
24h $BEAMX Volume: 1.27B
24h USDT Volume: 31.61M
The trading volume is substantial, indicating strong participation in this pair. A higher volume at these levels is a bullish sign, with investors actively positioning themselves for further gains.
Chart Pattern Analysis:
Based on the current trend, BEAMX appears to be forming a bullish continuation pattern. If the price manages to break above the $0.02971 resistance level, a further rise toward $0.03012 is likely. However, a dip below $0.02420 could signal a potential correction, where the next support zone at $0.02164 would be in play.
Happy Trading! 📈
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