🚨 $BEAMX is returning to test its previous peak... Are sellers preparing to take control?
$BEAMX has surged by around 55%, returning to the key resistance zone near $0.00543.
I’m watching this zone closely, as a failure to break through it could lead to a downward correction, with selling pressure potentially returning.
📉 SHORT trade setup:
Entry: $0.00520 – $0.00515
First target: $0.00480
Second target: $0.00450
Final target: $0.00400
Stop loss: $0.00590
🔍 Expected scenario:
If clear price rejection appears near the previous peak, the price could move toward $0.00450 and then $0.00400.
However, a breakout and sustained move above $0.00543 could give buyers extra momentum to continue rising and invalidate the bearish scenario.
⚠️ Wait for confirmation of rejection before entering, and don’t rush into the trade. Follow sound capital management and use a stop loss.
What do you expect for $BEAMX ? Will we see another rejection or a breakout above the peak?
$BEAMX has surged by around 55%, returning to the key resistance zone near $0.00543.
I’m watching this zone closely, as a failure to break through it could lead to a downward correction, with selling pressure potentially returning.
📉 SHORT trade setup:
Entry: $0.00520 – $0.00515
First target: $0.00480
Second target: $0.00450
Final target: $0.00400
Stop loss: $0.00590
🔍 Expected scenario:
If clear price rejection appears near the previous peak, the price could move toward $0.00450 and then $0.00400.
However, a breakout and sustained move above $0.00543 could give buyers extra momentum to continue rising and invalidate the bearish scenario.
⚠️ Wait for confirmation of rejection before entering, and don’t rush into the trade. Follow sound capital management and use a stop loss.
What do you expect for $BEAMX ? Will we see another rejection or a breakout above the peak?