$BEAT is currently in a strong uptrend, trading well above its key Moving Averages (MAs), which signals significant bullish momentum. 🐂
The price just saw a powerful bounce from a major demand/support zone (around $1.00 - $1.25), confirmed by a large spike in volume. This indicates high conviction from buyers.
Right now, the price is challenging the immediate resistance level near $1.81.
Bullish Scenario: A decisive 4-hour candle close above $1.81 would likely target the recent swing high at $2.00, followed by the ultimate high around $2.40. 🟢
Key Support: The Orange MA at $1.48 acts as the crucial dynamic support to hold the uptrend. 🛡
The overall outlook is very bullish as long as the price maintains its position above that Orange MA.
Our previous outlook : BEAT


BEATUSDT
Perp
1.5599
-41.62%