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Technical analysis by RAJACOINS about Symbol BETA: Buy recommendation (8/22/2024)

https://sahmeto.com/message/2556875
RAJACOINS
RAJACOINS
Rank: 19264
1.4
Buy،Technical،RAJACOINS

I'm bullish on BETA and expect a 33% price increase in the coming days. Here’s why:Support and Trendlines:The coin is consistently trading above the 50-day moving average, and the RSI is showing a strong uptrend without being overbought. This suggests that there is still room for growth before we hit any major resistance levels.Market Sentiment:Positive sentiment is building around BETA due to recent developments and partnerships. The overall crypto market also seems to be in a recovery phase, which could provide additional upward momentum for BETA.Volume and Momentum:There’s a clear increase in trading volume, indicating strong momentum. As the volume picks up, the price is likely to follow suit, pushing us toward the 33% target.Fundamentals:BETA’s project fundamentals remain solid, with continued development and community support. This is likely to attract more investors, pushing the price higher.Conclusion:With these factors in play, I expect BETA to rally by 33% in the near term. I’ll be watching the 0.044 as a key support level and 0.06 as the profit target.Target resched as i predected , you can sell for ptofitTarget reached as i predected , you can sell for ptofit

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$0.046084
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