This Beast has the potential to hit $2.5, which is about a 5X increase in this bull run.
After its initial listing, the price of #VENOM/USDT experienced a decline of over 25% from the high of its listing day. Currently, the price is finding support around the opening price of the listing day. Should it surpass today's high, it has the potential to rise further. A breakout at this point would also signify a W pattern breakout.
The analysis is based on a 30-minute timeframe.
The entry point is recommended immediately upon the breakout, which is above $0.5880.
Target 1: $0.7330
Target 2: $0.9142
@CryptoRROFFICAIL
