$BEAMX Post-Pump Weakness Could Lead to Another Drop 📉
$BEAMX exploded toward $0.00220 but has since printed a clear sequence of lower highs and lower lows on the 1H chart. The rebound is still weak around $0.00175, keeping sellers in control unless price can reclaim the recent resistance.
Short Entry: $0.00176–$0.00182
Stop Loss: $0.00193
Target 1: $0.00168
Target 2: $0.00158
Target 3: $0.00148
The key resistance is $0.00182–$0.00190. A rejection from this zone could continue the post-pump correction, while a clean break below $0.00168 would strengthen the bearish momentum toward the lower targets.
If $BEAMX reclaims $0.00193 with strong volume, this short setup loses validity. Given the extreme volatility, position sizing matters here.
#OktaCrowdStrikeSurgeOnEarningsBeat #ChinaOpposesUSProposed7.5%Tariff #XRPLeadsCryptoPullbackDropsNearly7%
$BEAMX exploded toward $0.00220 but has since printed a clear sequence of lower highs and lower lows on the 1H chart. The rebound is still weak around $0.00175, keeping sellers in control unless price can reclaim the recent resistance.
Short Entry: $0.00176–$0.00182
Stop Loss: $0.00193
Target 1: $0.00168
Target 2: $0.00158
Target 3: $0.00148
The key resistance is $0.00182–$0.00190. A rejection from this zone could continue the post-pump correction, while a clean break below $0.00168 would strengthen the bearish momentum toward the lower targets.
If $BEAMX reclaims $0.00193 with strong volume, this short setup loses validity. Given the extreme volatility, position sizing matters here.
#OktaCrowdStrikeSurgeOnEarningsBeat #ChinaOpposesUSProposed7.5%Tariff #XRPLeadsCryptoPullbackDropsNearly7%
