$BETA $BETA

The BETA/USDT chart shows a strong bullish breakout, as indicated by the large green candle with a price increase of approximately 15.59%. The price has moved above the 7-day, 25-day, and 99-day moving averages, suggesting bullish momentum. Current support is near the MA(25) at 0.04700, while resistance is close to the recent high at 0.04986.

Long Entry: Consider entering a long position around 0.04750 to 0.04800 if the price consolidates or retraces slightly.

Short Entry: A short position could be considered near 0.04980 if there’s rejection at resistance or a reversal pattern forms.

Stop-Loss: For long trades, place a stop-loss around 0.04550. For short trades, set a stop-loss above 0.05000 to manage risk.

Summary: The trend favors bulls with strong volume support, but watch for potential resistance at the 0.04980 level.

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