$BMT Trading Alert!
Beam ($BMT) is flashing bullish signals! Trading at ~$0.024, it’s up 7.32% in 24 hours with a $20.8M trading volume and $121M market cap. The chart shows a breakout from a symmetrical triangle, with price clearing the $0.022 resistance and testing the 50-hour MA. RSI at 58.12 indicates growing momentum with room to run.
Key Levels:
Support: $0.022
Resistance: $0.027
Potential Targets: $0.032 (+33%) or $0.045 (+87%) if volume surges!
Why $BMT ?
Beam is a privacy-focused blockchain with confidential DeFi and NFT capabilities, backed by a scalable layer-1 network. With a circulating supply of 5B (max 6.2B) and recent ecosystem updates, it’s gaining traction in the privacy narrative. X posts highlight strong community hype and potential for a 2-3x rally.
Trade Idea: Buy near $0.024 or on a dip to $0.022 support. Set a stop-loss below $0.020 for risk management. Take profits at $0.027 or higher if the breakout confirms. Always DYOR—crypto is volatile!