🚨$BETA /USDT Trading Signal on the 15-Minute Chart 🚨
BETA/USDT has been showing strong upward momentum with a 16.73% increase recently, climbing to a high of $0.05147 before retracing slightly. The current price is $0.04976 USDT, indicating a potential for further moves depending on market stability around this level.
Current Price: $0.04976 USDT
💡 Entry Price for Long Position: $0.04980 USDT
Critical Levels to Watch:
Resistance: $0.05147 USDT – Breaking above this level could signal further bullish movement.
Support: $0.04736 USDT – Holding above this will be essential for continued upside, but any drop below may indicate weakness.
🎯 Take-Profit Targets:
1. TP1: $0.05150 USDT – Close to recent highs, suitable for cautious profit-taking.
2. TP2: $0.05300 USDT – Stronger target if the bullish momentum continues.
3. TP3: $0.05500 USDT – Extended target in case of a solid breakout.
🛑 Stop Loss: $0.04700 USDT – Exit if the price drops below support to minimize potential losses.
⚠️ Caution: Traders should monitor for stability around the $0.04980 level. Watch for signs of consolidation or a potential breakout above $0.05147 for further confirmation of trend direction.
Stay sharp and manage your risk effectively.