BEAM Prediction: Is Rally Sustainable or a Bullish Mirage?

BEAM's open interest spikes 44%, valued at $20 Million

• #BEAM token is surging following news of its listing on Upbit, South Korea's largest crypto exchange.

• The listing announcement caused BEAM's price to surge by 29%, with a 21% increase over the past seven days.

• Following a peak near $0.044300 on March 10th, the price dropped by approximately 55%.

• $BEAM has been trading within the $0.02000-$0.03000 range over the past month.

• Post the listing news, the price surpassed the consolidation zone, settling above $0.03000 levels.

• According to Coingabbar analysis, If Bulls maintain levels above $0.03000, the price could target resistance levels at $0.03800 and $0.04500.

• Failure to sustain above $0.03000 may lead to price retracement towards $0.025000 and $0.020000 levels.

KEY LEVELS :

RESISTANCE LEVEL : $0.037000-$0.045000

SUPPORT LEVEL : $0.25000-$0.020000

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