🚀 $BETA
/USDT Technical Analysis 🚀
BETA/USDT has been showing strong bullish momentum, with a significant +19.73% increase in the past 24 hours. Let's dive into the technical analysis and identify some key targets to watch:
🔑 Key Levels to Watch:
1. Support Zone: 0.04770 USDT (24h Low)
This level has held strong as a support base, preventing further downside movement. A potential bounce from here could continue the upward trend.
2. Resistance Target 1: 0.06090 USDT (24h High)
The recent high shows a critical resistance point. A break above this level could open the door to further gains, making it a key price action level for traders to focus on.
3. Target 3: 0.06200 USDT
A logical extension of the current momentum. If BETA continues to push upwards, this level represents the next bullish target for short-term traders.
📈 Price Action:
BETA has been consistently climbing, with the most recent 1-hour change showing a +8.34% increase. Watch for potential pullbacks near support zones and breakouts near resistance levels.
💡 Trade Strategy:
Buy Opportunity: Consider entering near the support level (0.04770 USDT) for a rebound toward the resistance.
Sell Target: Watch for a breakout above 0.06090 USDT to target 0.06200 USDT.
Stay tuned for more updates and make sure to manage your risk!
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