Technical Analysis & Trade Signals for $BETA
/USDT
Current Price: $0.05165
Momentum: Bullish, as indicated by a +7.05% price change in the last 24 hours.
Key Levels:
Support: $0.04770 (24h Low)
Resistance: $0.06090 (24h High)
Moving Averages:
MA(5): Bullish crossover above the price.
MA(10): Supporting upward momentum.
Trade Momentum:
Trend: Positive with higher trading volume (504.08M BETA).
RSI: Likely above 50, indicating bullish momentum (needs confirmation).
Trade Signals:
1. Entry Point: Buy near $0.05000โ$0.05100 during minor pullbacks.
2. Targets:
๐ฏ Target 1: $0.05500 (Short-term resistance)
๐ฏ Target 2: $0.05800 (Intermediate resistance)
๐ฏ Target 3: $0.06200 (Breakout level above 24h High)
3. Stop-Loss: Set at $0.04750 to manage risk.
Strategy: Focus on short-term trades with tight stop-losses, as the market shows volatility and bullish momentum. Confirm breakout above $0.06090 for aggressive buys toward higher targets.
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