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Wait, is this one of those "I told you so" moments unfolding on $BEAT ?
That consolidation around 0.35 was looking weak for a minute
But look at that green candle spike right now
New 24 hour high at 0.485 is almost taken out
This move has a lot of momentum, but we're hitting that 0.48 area which is the first major resistance from way back
Volume looks okay on the pump, but the order book is showing some immediate selling pressure stepping in
Need to see a clean close above 0.49 to confirm the breakout and target the 0.55 level
If it fails here, expect a quick dip back to test 0.42 as support. Stay sharp.
#BEAT #BitcoinPriceAnalysis