In recent weeks, BEAMX has shown signs of approaching a critical technical level, potentially signaling an upcoming breakout. However, current trading volumes raise doubts about the sustainability of the rise.
Current Market Situation of BEAMX
The BEAMX/USDT pair has stabilized at $0.0036349 after a prolonged decline that began in late 2024. Prices are close to a significant descending trendline established in November 2024, which could serve as a breakout point.
Forecasts and Growth Potential
Forecasts indicate that a successful breakthrough of the current resistance level could allow BEAMX to grow by 175%, reaching $0.01794. However, overcoming resistance at $0.00750 with strong price movements is necessary.
Support and Resistance Levels
The nearest support point is located at $0.00650, while resistance strengths are found at both $0.00750 and $0.010. A volume-backed breakthrough of resistance in this range could lead to a wider market correction.
The BEAMX market is approaching an important technical milestone, and participants should closely monitor trading volumes and chart signals to determine the future direction.
