Yello, Paradisers! Can #BEAMX finally turn the tide around or not? Let's discuss the latest analysis of #BEAMX and see what's happening:
đAfter 4-5 months of a slow grind downward, #BEAMX is now at a make-or-break moment. The price is testing the upper boundary of a Descending Broadening Wedge, thanks to a solid rebound from the major demand zone at $0.0139. But the pressing question isâcan the bulls maintain this momentum and spark a genuine rally?
đFor a true breakout to occur, #BEAMXUSDT needs to surpass the critical resistance at $0.0211. This level has flipped from strong supportâtested twice in the pastâinto a barrier that must now be overcome. If the bulls can clear this zone, backed by a spike in trading volume and the 20 EMA, it could be a signal that they're ready to seize control and drive prices higher. In this case, brace for a potential surge toward the next significant resistance.
đIf the bulls canât sustain the rally, a pullback toward $0.0139 may be on the cards, potentially retesting the breakout point. Failing to hold this level could spell trouble, with #BEAMXUSDT likely slipping back to the $0.0112-$0.0122 support zone.
đThe real danger emerges if the $0.0112 support fails. Breaking below this level would likely hand control back to the bears and lead to a deeper correction dashing any hopes for a short-term bullish comeback.
Stay focused, patient, and disciplined, Paradisersđ„
MyCryptoParadise
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