BEAM Taps Liquidity Pools: $1.31 Target Gains Traction for Traders

• BEAM’s price recently surged 213% from $0.02374 to $0.07450, signaling strong bullish momentum.  
• Analysts project gains of up to 2,681% with major resistance at $1.31 and $2.07 price levels.  
• BEAM maintains a market cap of $11.53M with stable liquidity and active community support.  

Crypto analyst Crypto Patel has presented a bullish outlook for BEAM in a detailed tweet, highlighting a potential upside of 2,681% from current levels. According to the analysis, BEAM is trading at $0.07450 after recovering sharply from a bottom at $0.02374, marking a 213% gain from its lows.  

The analyst noted a market structure shift (MSS) from bearish to bullish, driven by a three-candle swing. Patel emphasizes the coin’s ability to tap into sell-side liquidity, form equal highs, and retrace to a key order block (POI) at $0.07407, where it bounced with strong momentum.

Altseason Watch: BEAM Eyes $1.31 Liquidity Zone for Breakout

The analysis identifies $1.31120 as a critical buy-side liquidity target, with the all-time high (ATH) of $2.07720 representing the ultimate bullish objective. These levels suggest potential gains of 1,661% and 2,681%, respectively, from the current price. Patel attributes this outlook to BEAM’s strong technical structure, supported by historical respect for liquidity zones and high trading volume. 

From a technical perspective, BEAM has showcased its resilience by respecting the order block at $0.07407, setting the stage for continued bullish momentum. The coin’s ability to tap into liquidity pools and maintain a strong bounce from support highlights its readiness to test higher price zones. 

The next major resistance lies at $1.31120, with the ATH at $2.07720 serving as the final hurdle. This trajectory aligns with broader altcoin market trends, signaling BEAM’s potential participation in a looming altseason rally.   

Low Volatility at $0.07922-$0.076: What It Means for BEAM

According to the latest data from CoinMarketCap, the token is trading at $0.07647, marking a 3.47% decline over the past 24 hours. The daily trading volume has dropped immensely, down 48.84%  to  $188.25K, while the market capitalization currently stands at $11.53M. BEAM’s fully diluted valuation  is reported at $20.10M, reflecting the token’s potential upside relative to its total supply.

Source: Coinmarketcap

The circulating supply is 150.75 M BEAM, representing 57.37% of the maximum supply of 262.80 M BEAM, underscoring substantial token availability in the market. These metrics suggest moderate liquidity and activity, with a volume-to-market cap ratio of 1.64%, indicating a stable market presence despite the daily decline.

The chart reveals recent price fluctuations between $0.07922 and $0.076, showcasing low volatility in the short term. BEAM has a total supply of 150.75 million tokens, aligning with its current trading trends and network activity. 

With an average rating of 3.4/5, BEAM garners moderate community sentiment, supported by active engagement on platforms such as Telegram, Twitter, and Discord. Despite the short-term dip, the data indicates that BEAM retains a solid market presence, providing a foundation for potential recovery and growth in the broader cryptocurrency landscape.