$BEAMX This pullback looks pretty scary, but the weekly retest of the 0.0037 support was met with strong buying.

Volume hasn’t dried up at all, and there hasn’t been any widespread panic selling from the holders who bought in during the earlier rally from 0.0012.

The dip-buying money hasn’t left. If bears want to push the price lower here, they’ll have to see whether buyers can absorb the selling. The uptrend structure is still intact; once the shakeout is over, it should keep moving up.

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