🔍 Analysis of the current situation:

  • The chart shows a downward trend since the beginning of 2024, with several attempts to reverse.

  • A contracting triangle is visible, which may indicate an upcoming breakout.

  • The current price is near the lower border of the triangle, which is a critical support level.

    $BEAMX

📊 Key levels:

  • Support level: $0.023 (green line)

  • Resistance level: $0.026 (red line)

  • Consolidation zone: $0.023 - $0.027

💡 Forecast:

  • An upward breakout is possible if the price breaks through the resistance level of $0.026.

  • In case of a breakdown of the support at $0.023, a further decline is possible.

📈 Next steps:

  1. Monitor trading volume: an increase in volume when a resistance level is broken can confirm an uptrend.

  2. Pay attention to macroeconomic news and events affecting the cryptocurrency market.

📉 Risks:

  • The downward trend may continue if the resistance level is not overcome.

  • External factors such as cryptocurrency regulation and general market volatility can affect price movements.

📬 Recommendations:

  • Consider buying when a resistance break is confirmed.

  • Set a stop loss below the support level to minimize losses.

🔔 Conclusion:
Cryptocurrency $BEAMX is at a critical level. A triangle breakout can lead to a significant price movement in one direction. Be careful and keep an eye on key levels.

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