The $BEAMX /USDT chart shows a significant bullish momentum with a current price of $0.01692, reflecting a 14.56% increase in the last 24 hours. The 24-hour high stands at $0.01753, and the low at $0.01471, indicating substantial price movement upward. BEAMX has broken past previous resistance levels, with the price climbing steadily from its recent low of $0.01344, signifying strong buying interest.
On the 4-hour chart, BEAMX is forming higher highs and higher lows, confirming a strong uptrend. The price is currently facing resistance at $0.01753, which it needs to break to continue its upward movement. If it manages to surpass this resistance, the next target could be around $0.01800. The volume and momentum indicators suggest that the bulls are still in control, but the price might face short-term consolidation before moving higher.
However, if the price fails to break through the current resistance, a pullback could be expected, with immediate support at $0.01623 and stronger support around $0.01471. A correction to these levels might provide a better entry for traders looking to buy into the trend. As long as BEAMX holds above key support levels, the bullish outlook remains intact.
In conclusion, BEAMX is in a strong uptrend with potential for further gains if it breaks above the $0.01753 resistance level. Traders should watch for volume confirmation to signal the next move, while a failure to break resistance could lead to a minor pullback. The overall outlook remains positive as long as BEAMX stays above key support levels.
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