Technical Analysis for $BETA
/USDT
Current Price: 0.04849 USDT
Momentum: Bullish (+2.02%)
Trade Signals
Support Levels:
Primary: 0.04354 USDT (24h Low)
Secondary: 0.04050 USDT (Strong Support)
Resistance Levels:
Primary: 0.05180 USDT
Secondary: 0.05217 USDT (24h High)
Trade Momentum
Short-Term: Uptrend, supported by increasing volume and price above key support levels.
Indicators:
RSI: Likely moving into overbought territory; caution on extended upward movement.
MACD: Positive crossover suggests continued bullish momentum.
Targets šÆ
1. Target 1: 0.05150 USDT (Near-term resistance)
2. Target 2: 0.05500 USDT (Next breakout point)
3. Target 3: 0.05800 USDT (Extended rally potential)
Stop Loss
Below 0.04300 USDT (to protect against sudden downturns).
Recommendation
For Long Positions: Buy near 0.04500-0.04700 USDT.
For Short Positions: Watch for rejection near 0.05200-0.05500 USDT.
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