🔴 BEAMXUSDT — FUTURES SHORT (1H SCALP, conditional)
Entry Zone: $0.00490 - $0.00500
SL: $0.00535
TP1: $0.00455
TP2: $0.00443
TP3: $0.00420
R:R: 1:1.00 to TP1, 1:1.30 to TP2, 1:1.88 to TP3 (midpoint $0.00495)
TF: 1H SCALP
BEAMX ran hard to $0.00530, then kept getting turned away near $0.0050 — that is the zone I am watching now.
Why I like this one: price topped twice at $0.00530, rejected again near $0.00509 and $0.00499, and then dropped sharply to $0.00443 on strong volume. That looks like sellers defending the top of the range, not just one random spike. Price is now around $0.00462, below the entry zone, so this is a conditional setup: I am waiting for a retest back into $0.00490-$0.00500 and a rejection there. Do not chase it lower.
Invalidation: a 1H close above $0.00535, above the $0.00530 double top, cancels this short idea.
Analysis Only — Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#BEAMX #BEAMXUSDT #CryptoTrading #FuturesTrading
Entry Zone: $0.00490 - $0.00500
SL: $0.00535
TP1: $0.00455
TP2: $0.00443
TP3: $0.00420
R:R: 1:1.00 to TP1, 1:1.30 to TP2, 1:1.88 to TP3 (midpoint $0.00495)
TF: 1H SCALP
BEAMX ran hard to $0.00530, then kept getting turned away near $0.0050 — that is the zone I am watching now.
Why I like this one: price topped twice at $0.00530, rejected again near $0.00509 and $0.00499, and then dropped sharply to $0.00443 on strong volume. That looks like sellers defending the top of the range, not just one random spike. Price is now around $0.00462, below the entry zone, so this is a conditional setup: I am waiting for a retest back into $0.00490-$0.00500 and a rejection there. Do not chase it lower.
Invalidation: a 1H close above $0.00535, above the $0.00530 double top, cancels this short idea.
Analysis Only — Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#BEAMX #BEAMXUSDT #CryptoTrading #FuturesTrading
