BEAM Breaks Out Past Launch Level After Intraday Reversal

The cryptocurrency BEAM is poised for a potential breakout after experiencing a surge in price and volume on June 11th. This followed an intraday reversal off support levels, pushing the coin past its launch level of $0.00779. The move has been fueled by growing DeFi interest and increased institutional investments in the altcoin. A confirmed triple bottom pattern and rising RSI are further strengthening bullish sentiment. 2.47% intraday increase puts BEAM trading at a level that is holding, with a potential breakout to $0.01200 or higher expected if a clean break occurs above the launch level.