Let's take a look at $BEAMX #BEAMXUSDT.P on the 1H timeframe ๐ง
๐ Bias: Bullish
The 1H structure aligns with the daily, weekly, and BTC. So this isn't against the trend.
๐ฏ Scenario
Price may first sweep liquidity at the 0.004645 swing high, then continue toward 0.004731โ0.005004. If momentum holds, the next target is 0.00575.
๐ Entry Area
Wait for a pullback to 0.004403โ0.004440 (imbalance / demand below the price). Volume is currently low, so be patient and wait for confirmation: a bullish engulfing candle, pin bar, or a structure shift on a lower timeframe.
๐ฐ Take Profit
TP1: 0.004645
TP2: 0.005004
TP3: 0.00575
๐ก๏ธ Stop Loss
Place it below the latest swing low. If a candle closes below 0.003788, my bias turns bearish.
๐ Data Flow
OI $18.7M (+12.7% in 24 hours) ยท Funding +0.0050% ยท Taker 1.00x
Not financial advice, for educational purposes only. DYOR.
$BEAMX
๐ Bias: Bullish
The 1H structure aligns with the daily, weekly, and BTC. So this isn't against the trend.
๐ฏ Scenario
Price may first sweep liquidity at the 0.004645 swing high, then continue toward 0.004731โ0.005004. If momentum holds, the next target is 0.00575.
๐ Entry Area
Wait for a pullback to 0.004403โ0.004440 (imbalance / demand below the price). Volume is currently low, so be patient and wait for confirmation: a bullish engulfing candle, pin bar, or a structure shift on a lower timeframe.
๐ฐ Take Profit
TP1: 0.004645
TP2: 0.005004
TP3: 0.00575
๐ก๏ธ Stop Loss
Place it below the latest swing low. If a candle closes below 0.003788, my bias turns bearish.
๐ Data Flow
OI $18.7M (+12.7% in 24 hours) ยท Funding +0.0050% ยท Taker 1.00x
Not financial advice, for educational purposes only. DYOR.
$BEAMX