*$BEAMX /USDT – Bullish Channel Breakout & Retest Confirmation! 🚀**
**Current Price:** **$0.00619** (+0.32%)
#### **📈 Key Technical Structure:**
- **Breakout:** Escaped a **descending wedge** and transitioned into a **bullish ascending channel**.
- **Retest:** Price is now **holding support** at the channel’s lower boundary, signaling strength.
- **Momentum:** Strong bullish candles post-breakout suggest **continuation potential**.
#### **🎯 Trade Setup (Spot/Futures)**
- **Entry Zone:** **$0.00617 – $0.00620** (optimal retest area)
- **Take Profit Targets:**
- **TP1:** **$0.00645** (near-term resistance)
- **TP2:** **$0.00655** (channel upper trendline)
- **Stop Loss:** **$0.00606** (below channel support)
#### **⚡ Key Levels to Watch:**
- **Support:** $0.00610 (must hold for bullish structure).
- **Resistance:** $0.00655 (breakout opens path to $0.00680+).
#### **📌 Why This Works?**
- **Trendline Respect:** Channel integrity suggests **bulls are in control**.
- **Low-Risk Entry:** Retest offers **favorable R/R** (stop loss ~2%, TP1 ~4%).
- **Volume Confirmation:** Watch for **increasing buys** on the bounce.
**Trade Idea:** *Long on confirmed bounce, target channel highs.*