๐ Attempted recovery rebound for $BEAMX
After a consecutive series of bearish candles on the 15-minute chart, the BEAMX coin managed to form a positive rebound candle from the momentary bottom at 0.002421 USDT, and is currently trading at 0.002480 USDT (+10.71% over the past 24 hours).
๐ Technical reading (15-minute timeframe):
RSI indicator: It has risen from the extreme oversold zones to 62.75, reflecting a quick inflow of buying power to take advantage of the previous decline.
Moving averages: The price temporarily broke above the MA7 (0.002448) average, and is currently hitting the MA25 average at 0.002499 USDT to test whether it can continue the upward move.
SuperTrend indicator: The line is still positioned above the price at
After a consecutive series of bearish candles on the 15-minute chart, the BEAMX coin managed to form a positive rebound candle from the momentary bottom at 0.002421 USDT, and is currently trading at 0.002480 USDT (+10.71% over the past 24 hours).
๐ Technical reading (15-minute timeframe):
RSI indicator: It has risen from the extreme oversold zones to 62.75, reflecting a quick inflow of buying power to take advantage of the previous decline.
Moving averages: The price temporarily broke above the MA7 (0.002448) average, and is currently hitting the MA25 average at 0.002499 USDT to test whether it can continue the upward move.
SuperTrend indicator: The line is still positioned above the price at