$BETA /USDT has been on an impressive upward trajectory in recent days, breaking above a significant resistance level at $0.042. The price has since consolidated around the $0.045 area, forming a bullish flag pattern on the 4-hour chart.
Current Price: $0.0452
Entry: $0.0452 (Buy on a break above the flag pattern)
Resistance: $0.049 (Strong resistance level)
Support: $0.042 (Previous resistance turned support)
Take Profit Targets:
* TP1: $0.047
* TP2: $0.049
* TP3: $0.052
Stop Loss: $0.041
Caution:
Traders should remain cautious as the RSI is currently in the overbought territory. A pullback to the $0.042 support level could be a healthy correction before resuming the uptrend. Watch for a break below the $0.041 level, which could signal a potential bearish reversal.
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