$BEAMX is trying to stabilize after another 4h slide, now at $0.003908 and down 4.40% with $5.41M traded. The key zone remains $0.00382: lose it and the bearish continuation setup is back in play, while reclaiming $0.00400 would weaken the short thesis.
RSI(14) sits near 40 and volume is only 0.3x its 20-day average, so conviction is still limited. Still, price remains above the 20D and 50D moving averages, and negative funding at -0.002% shows shorts are paying. Tight levels, no chase. 👀📉
#BEAMX #Altcoin #Binance
Inspired by aklımbuz on Binance Square.
RSI(14) sits near 40 and volume is only 0.3x its 20-day average, so conviction is still limited. Still, price remains above the 20D and 50D moving averages, and negative funding at -0.002% shows shorts are paying. Tight levels, no chase. 👀📉
#BEAMX #Altcoin #Binance
Inspired by aklımbuz on Binance Square.
