From TradingView · · 50s
BEAM Price Holds Bullish Structure Near Resistance
BEAM price holds bullish structure as it approaches key resistance zone.
In brief
BEAM price holds bullish structure as it approaches key resistance zone. BEAM price holds above $0.00315-$0.00327 support after sharp correction, targeting $0.00430. Originally reported by TradingView.
BEAM Bullish Structure Holds
BEAM price holds above $0.00315-$0.00327 support after sharp correction.
Resistance Zone at $0.00350-$0.00356
Price approaches key resistance zone of $0.00350-$0.00356 for potential breakout.
Bullish Triangle Pattern Forms
4H chart shows ascending trend and potential bullish triangle pattern forming.
Treasury Report Highlights
Beam treasury reached $160.04 million as of September 30, up 7.72% from previous quarter.
DeFi TVL at $1.33 Million
DeFiLlama reports $1.33 million in Beam network DeFi TVL as of October 27.
Next Target $0.00430
Confirmed breakout above resistance could target $0.00430, aligning with previous mid-term target.
The takeaway
BEAM price holds above $0.00315-$0.00327 support after sharp correction, targeting $0.00430.
