$BEAMX reclaims $0.0045 this week or I am wrong. 🔥
It is at $0.004306, up 7.7% today, with $3.05M traded. The 4h move is only +3.7% and RSI sits at 56, so this isn't fully overheated yet.
Still, volume is just 0.3x its 20d average. That is the tell. Above the 20d and 50d MAs, yes, but longs are already paying 0.005% funding. I want a clean hold above $0.0045 before adding exposure. $SOL strength helps, but BEAMX needs real spot volume.
Reclaim $0.0045, then $0.0050 comes into play. Lose the setup, and I own the miss. ⚡
#BEAMX #Altcoin #Crypto
It is at $0.004306, up 7.7% today, with $3.05M traded. The 4h move is only +3.7% and RSI sits at 56, so this isn't fully overheated yet.
Still, volume is just 0.3x its 20d average. That is the tell. Above the 20d and 50d MAs, yes, but longs are already paying 0.005% funding. I want a clean hold above $0.0045 before adding exposure. $SOL strength helps, but BEAMX needs real spot volume.
Reclaim $0.0045, then $0.0050 comes into play. Lose the setup, and I own the miss. ⚡
#BEAMX #Altcoin #Crypto