🚨 $BETA /USDT ALERT: Potential Breakout in Progress! 🚨
On the 15-minute chart, BETA/USDT has shown impressive upward momentum, surging +23% in the last 24 hours and breaking past key levels with high trading volume. The price is currently trading at $0.05733, indicating strong bullish activity.
🔑 Key Levels:
Resistance: $0.05749 (tested; needs breakout confirmation)
Support: $0.05398 (key level for retracement monitoring)
🎯 Trade Setup:
Entry Price: $0.05720 (on confirmed breakout above resistance)
Take-Profit Targets:
1. $0.06050
2. $0.06500
3. $0.07000
Stop Loss: $0.05350 (to limit downside risk)
⚠️ Cautionary Note: Watch for potential retracements around $0.05700 if the price fails to hold above the resistance level. Breakout confirmation and stable momentum are critical for a sustained upward move. Manage your risk wisely!